Located in the heart of Silicon Valley, this 48 unit Redwood City property is centrally located next to tech-companies like Facebook, Google and Box. Trion rebranded the property using a modern renovation scope with sleek paint schemes and an outdoor lounge for its residents. Trion added a Luxer One locker to aide residents with overwhelming deliveries of packages and differentiate this community from others in the surrounding area.
- No. of Units 48
- Acquisition Price $15,000,000
- Disposition Price $21,690,000
- Hold Period 26 months
- Project Level IRR 18.69%