Address not disclosed Belmont, CA 94002

Carlmont Park Apartments is a beautiful, twenty-two (22) unit apartment complex located at 1230 Alameda De Las Pulgas in the highly coveted city of Belmont, CA. Originally constructed in 1962, the subject property is situated on a 0.56-acre parcel of land and has a gross building area of approximately 10,808 SF, offering residents high-quality studio and 1-Bedroom floorplans. The unit mix consists of (18) studio units, and (4) 1-Bedroom/1-Bathroom floorplans. Residents at Carlmont Park Apartments enjoy access to many convenient onsite amenities which include a central community garden-lined courtyard, an on-site laundry facility, private garages for select units, covered carport parking, lush landscaped breezeways, and private patios or decks for every unit. The investment appeal of this asset is driven by Belmont's strong employment fundamentals and low vacancy levels. *Financial details are based on Pro-forma numbers.