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Previous Description:
Erimar Apartments is a stunning 18-unit apartment community located at 767 S Wolfe Rd in the thriving city of Sunnyvale, California. Situated on a 28,329 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 17,354 square feet, consisting of beautifully designed two-bedroom and three-bedroom floorplans. The property features many community amenities including a sunny community courtyard, a sparkling pool, covered parking, and a laundry facility. Erimar Apartments has recently undergone interior capital improvement in select units. Interiors have been remodeled with modern high-end finishes and attractive updated kitchens including countertops, appliances and flooring. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, this asset presents an attractive choice for South Bay renters.
Updated Description:
Erimar Apartments is a stunning 18-unit apartment community located at 767 S Wolfe Rd in the thriving city of Sunnyvale, California. Situated on a 28,329 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 17,354 square feet, consisting of beautifully designed two-bedroom and three-bedroom floorplans. The property features many community amenities including a sunny community courtyard, a sparkling pool, covered parking, and a laundry facility. Erimar Apartments has recently undergone interior capital improvement in select units. Interiors have been remodeled with modern high-end finishes and attractive updated kitchens including countertops, appliances and flooring. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, this asset presents an attractive choice for South Bay renters.
