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Alcheck Properties Acquires 69-Unit Belmont Complex for $32 Million - The Registry

Summary by The Registry
Sale represents 20 percent discount from pre-pandemic price but signals growing investor confidence in Bay Area multifamily sector A Los Altos-based family investment firm has purchased a 69-unit apartment complex in Belmont for $32 million (around $464,000 per unit), marking another data point in the Peninsula’s gradual multifamily market recovery following years of pandemic-driven volatility. […] The post Alcheck Properties Acquires 69-Unit Be…
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The Registry broke the news in on Friday, August 1, 2025.
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