| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 74th | Good |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 N Whisman Rd, Mountain View, CA, 94043, US |
| Region / Metro | Mountain View |
| Year of Construction | 1973 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 N Whisman Rd, Mountain View Multifamily Investment
Positioned in a high-income Silicon Valley neighborhood with strong renter depth, the asset benefits from durable demand drivers and limited for-sale alternatives, according to WDSuite’s CRE market data.
Situated in Mountain View’s Urban Core, the property is supported by parks and daily-needs access that are competitive among San Jose–Sunnyvale–Santa Clara neighborhoods. Park availability scores in the top percentile nationally, while grocery access ranks competitive among 344 metro neighborhoods. School quality trends above national norms (average rating near 4 of 5), which helps sustain family-oriented rental appeal.
Renter-occupied housing comprises a majority of units in the neighborhood (over half), signaling a deep tenant base for multifamily operators. Neighborhood occupancy has been softer recently relative to the metro median, so underwriting should assume more conservative near-term lease-up and renewal assumptions; however, the renter concentration supports ongoing demand once stabilized.
Within a 3-mile radius, demographics point to a large, high-earning population and a projected increase in households, expanding the potential renter pool. Elevated home values in the neighborhood create a high-cost ownership market, which tends to reinforce reliance on rental housing and can support pricing power and retention. Median rents and incomes are both high for the region, and a rent-to-income profile near one-fifth suggests manageable affordability pressure for many households.
The property’s 1973 vintage is older than the neighborhood’s average construction year, which may present value-add and capital planning opportunities such as interior modernization or systems upgrades to remain competitive with newer stock. These updates can be targeted toward larger floor plans to differentiate against more compact supply in the market’s newer inventory.
Safety indicators are mixed in comparative terms. Violent-offense exposure trends better than many neighborhoods nationwide (around the upper half nationally), while property-offense exposure is less favorable (lower national percentile). Importantly, recent data shows a notable one-year improvement in property offenses, suggesting near-term momentum in the right direction, though investors should still underwrite prudent security and insurance assumptions.
Against the San Jose–Sunnyvale–Santa Clara metro’s 344 neighborhoods, the area sits around the middle of the pack overall, with trends that merit monitoring rather than alarm. Framing safety at the neighborhood level avoids over-precision at the block level and helps calibrate risk alongside other fundamentals like renter demand and retention.
The immediate area draws from a concentrated tech and aerospace employment base that supports commuter convenience and multifamily demand, including Symantec, Apple, Comcast Silicon Valley, and Lockheed Martin. The proximity of these employers can aid leasing velocity and retention.
- Symantec Corporation — corporate offices (0.7 miles)
- Symantec — corporate offices (0.7 miles) — HQ
- Apple - Benecia 02 — corporate offices (1.4 miles)
- Comcast Silicon Valley — corporate offices (1.9 miles)
- Lockheed Martin Space Systems — defense & aerospace offices (2.4 miles)
This 50-unit, 1973-vintage asset sits in a high-income, renter-heavy pocket of Mountain View where elevated home values sustain reliance on multifamily housing. Neighborhood occupancy has been softer recently versus metro peers, but renter concentration and proximity to major employers support a path to stable operations with disciplined leasing and renewal management. Based on commercial real estate analysis from WDSuite, local parks and schools outperform national benchmarks, enhancing livability and long-run tenant retention.
Vintage introduces value-add potential: selective interior updates and building systems modernization can reposition the property against newer 1980s–2000s stock. Large average unit sizes (about 1,150 sq. ft.) offer a differentiation angle for households seeking space, while high household incomes and a rent-to-income profile near one-fifth point to balanced affordability and potential pricing durability.
- Renter-heavy neighborhood and elevated ownership costs support a durable multifamily tenant base.
- 1973 vintage enables targeted value-add through interiors and systems to compete with newer supply.
- Large average unit sizes create differentiation for space-seeking renters and potential retention benefits.
- Proximity to major employers underpins leasing velocity and renewal stability.
- Risks: recent neighborhood occupancy softness and aging infrastructure require conservative underwriting and capital planning.