INVESTMENT OVERVIEW
This nine-unit apartment complex is located on 215 West Olive Avenue in Sunnyvale. Constructed in 1970, this complex is comprised of (1) two-story building. The landscape surrounding the building is a mix of well-maintained trees, shrubs and plants, creating privacy from the street. The property has a strong unit mix of (7) one- bedroom/one bath, (1) two-bedroom/one bath, and (1) three-bedroom/two bath. There are six carports with individual storage units. This property also has the convenience of one on-site laundry facility. Rents are on the rise, making it a great opportunity to invest.
Residents and visitors alike praise Sunnyvale for its low crime rate, excellent schools, well-managed park system, and picturesque suburban environment. The quality of life in Sunnyvale is nationally renowned. As a result, in 2005 the city received the designation of the 18th Safest City in the United States. The City of Sunnyvale is known for its exceptional city management, including a unified Department of Public Safety, which trains all personnel to serve as both firefighters and police officers. Its well-maintained public amenities, include the Sunnyvale Public Library, the Sunnyvale Performing Arts Center and an indoor sports center.
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