1201 So. Main Street, Milpitas, CA
Acquired: December 2015
Ilara Apartments comprises 200 newly built multifamily units located in the dense North San Jose submarket of Silicon Valley. The modern Class A transit oriented community enjoys excellent access to a robust Silicon Valley job base. The property is within walking distance to the Great Mall / Main Transit Center, VTA Light Rail, and the new BART station under construction. Nearby retail amenities include the Great Mall, McCarthy Ranch Marketplace, Beresford Square Shopping Center, @First, and Rivermark Village.
The property is beautifully designed and built with state-of-the-art amenities and four different finish levels. Studio, one-bedroom, and two-bedroom floor plans average 914 square feet. Unit amenities include nine-foot ceilings, central HVAC, washer/dryers, oversized windows, and hard surface flooring in living areas. The wrap-around parking garage provides 1.7 spaces per unit with direct access to each resident level.
1825 SOUTH GRANT STREET, SUITE 700 | SAN MATEO, CA 94402 | TEL (650) - 802 - 1800