Sofi Belmont Glen

Jones Lang LaSalle Americas, Inc. "JLL", as exclusive advisor, is pleased to present the opportunity to acquire Sofi Belmont Glen (the "Property"), a 69-unit boutique apartment community. Situated in the heart of Belmont, Sofi Belmont Glen benefits from its proximity to major employment centers in Silicon Valley and San Francisco, attracting a diverse tenant base of tech professionals and families. The Belmont rental market demonstrates robust fundamentals, driven by high-paying jobs in the tech sector and limited new housing supply, contributing to steady rental demand and low vacancy rates.

The asset consists of studio (10), one (14), two (42), and three (3) bedroom units, each of which is in clean, well-maintained condition, as prior ownership fully renovated all units in 2015. Sofi Belmont Glen offers residents an ideal location within the highly regarded Belmont-Redwood Shores School District, yielding an affluent tenant base, promoting stabilized operations and long-term property value. The Property's proximity to San Francisco and Silicon Valley alike make this a unique investment opportunity for potential investors.