Description

Jones Lang LaSalle Americas, Inc. “JLL”, as exclusive advisor, is pleased to present the opportunity to acquire 678 Bellflower (the “Property”), a 97-unit, value-add townhome community located in the heart of Sunnyvale, California. This offering represents a rare opportunity to acquire an institutional quality asset with a proven value-add strategy and an exceptionally stable, high-income tenant base.

The Property’s unique composition of spacious, two-story townhomes creates a condominium-like living experience that has resulted in an impressive 54.2% renewal rate,

providing unparalleled operational stability. With 67 of the townhomes already renovated and achieving significant rent premiums, there is a clear, de-risked path for a new owner to generate substantial additional income by completing the proven renovation program.

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