581 Nello Dr, Campbell, CA 95008
4 Unit Apartment Building Offered at $2,188,000 at a 3.64% Cap Rate in Campbell, CA 95008
For Sale
Active
Asking Price $2,188,000
- Property Type
-
Multifamily
- Square Feet
- 3,957 SF
Listing Contacts
Eymon Binesh
Adam Levin
Robert Johnston
Property Overview
581 Nello Dr is a stunning 4-unit multifamily investment opportunity located in the thriving city of Campbell, California.
Situated on a parcel of land totaling 8,125 square feet, the subject property was originally constructed in 1968 and features a gross building area of approximately 3,957 square feet, offering tenants and residents beautifully designed three-bedroom and two-bedroom floor plans. The subject property also offers tenants convenient community amenities such as a private patio or balcony and an on-site laundry facility.
Nestled in the heart of Silicon Valley, Campbell offers a small-town charm with modern vibrancy. The city radiates a welcoming atmosphere with its tree-lined streets, cozy cafes, and vibrant community events. In addition to the countless lifestyle amenities found in both the downtown district and the Pruneyard Shopping Center, Campbell offers close proximity to Silicon Valley’s top employers including Apple, Adobe Systems, Cisco Systems, Alphabet, and Nvidia to name a few.
The investment appeal of this asset is driven by Campbell’s strong employment fundamentals and low vacancy levels. With a world class location in the heart of Silicon Valley, 581 Nello Dr presents an attractive choice for investors due to its proximity to employers and abundance of high-end shopping, dining, and entertainment options.
Situated on a parcel of land totaling 8,125 square feet, the subject property was originally constructed in 1968 and features a gross building area of approximately 3,957 square feet, offering tenants and residents beautifully designed three-bedroom and two-bedroom floor plans. The subject property also offers tenants convenient community amenities such as a private patio or balcony and an on-site laundry facility.
Nestled in the heart of Silicon Valley, Campbell offers a small-town charm with modern vibrancy. The city radiates a welcoming atmosphere with its tree-lined streets, cozy cafes, and vibrant community events. In addition to the countless lifestyle amenities found in both the downtown district and the Pruneyard Shopping Center, Campbell offers close proximity to Silicon Valley’s top employers including Apple, Adobe Systems, Cisco Systems, Alphabet, and Nvidia to name a few.
The investment appeal of this asset is driven by Campbell’s strong employment fundamentals and low vacancy levels. With a world class location in the heart of Silicon Valley, 581 Nello Dr presents an attractive choice for investors due to its proximity to employers and abundance of high-end shopping, dining, and entertainment options.
Property Details
- Year Built
- 1968
- Stories
- 1
- Lot Size (sq. ft)
- 8,276 SF
- Units
- 4
Highlights
- Investors have the opportunity to acquire an exceptional multifamily asset in the heart of Silicon Valley.
- 581 Nello Dr offers tenants beautifully designed three-bedroom and two-bedroom floor plans.
- The subject property offers tenants convenient community amenities such as a private patio or balcony and on-site laundry.
- 581 Nello Dr is located within close proximity to countless lifestyle amenities including the coveted downtown district and Pruneyard Shopping Center.
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