DELAWARE OVERVIEW SAN MATEO CA

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1 OVERVIEW Delaware is a 60 unit, transit-oriented apartment community for moderate-income households located in, California. The property features a mix of contemporary 2 bedroom units and is located within walking distance of a variety of retail, grocery, and public transportation options.

2 LOCATION Located in the heart of, Delaware is a transit-oriented development with unparalleled Burlingame Station SAN MATEO Station Hayward access to local and regional transportation lines. The property is conveniently located just blocks away from Hayward Station and the El Camino Real SamTrans corridor, with close freeway access to 101 and 92. Hillsdale ing BELMONT Belmont Station San Carlos Station REDWOOD CITY

3 LOCATION Borel Middle School Peninsula Golf and Country Club Retail Store Grocery Store Pharmacy Fitness Coffee Post Office / Shipping Junipero Serro High School Alameda de las Pulgas Borel Square Shopping Center 24 Hour Fitness City Hall Meadow Heights Elementary School Starbucks Beresford Bookstore / Library Schools and other public buildings Hospital ing Safeway CVS Pharmacy US Post Office Concar Commons Shopping Center Trinta Hillsdale High School Hayward Meadow Heights Elementary School Beresford Elementary School W Hillsdale Blvd Downtown TJ Maxx RiteAid Pharmacy Trader Joe s YMCA Fairgrounds Event Center Macy s Hillsdale Shopping Center Nordstrom Apple Store Bay Meadows Public Library Hillsdate Branch Medical Center Fiesta Meadows Saratoga Dr Hillsdale Barnes & Noble FedEx Smart & Final E Hillsdale Blvd Starbucks Starbucks Crunch Fitness Peet s Coffee Whole Foods Market Medical Center Lakeshore Bridgepointe Shopping Target Center Los Prados Delaware is within walking distance or a short trip to a multitude of neighborhood amenities, including a variety of retail and grocery options in San Mateo. Within a mile or less of the property residents will find: Trader Joe s Whole Foods Commons Shopping Center Hillsdale Shopping Mall (Nordstrom, Macy s, Apple Store) The neighborhood also offers several close by green spaces and community gathering areas including the County Fairgrounds and the YMCA. Nearby parks include Bay Meadows, Concar, Fiesta Meadows, and Trinta.

4 ON-SITE AMENITIES BIKE PARKING PERSONAL STORAGE COMMUNITY ROOM Residents at Delaware benefit from a full array of on-site amenities. Apartment features include in-unit washer and dryers, private balconies, and ENERGY STAR appliances. Community amenities include a fitness room, bike parking, and a central courtyard with a tot lot and BBQ area. Each unit comes with one parking space in the ground-level garage. Additional parking and on-site storage units are also available for rent. FITNESS CENTER COVERED PARKING CENTRAL COURTYARD IN UNIT WASHER AND DRYER PET-FRIENDLY LIVING

5 PROJECT PHOTOS

6 FLOOR PLAN 1: 2BED/1BA 860 SF $2,510 PER MONTH INCLUDING PARKING SPACE Floor Plan 1 units feature: 2 bedrooms, 1 bathroom In-unit washer and dryer Private balcony All-new ENERGY STAR appliances 9-7 x 10-5 Lease includes one parking space 11-0 x x 13-3

7 FLOOR PLAN 2: 2BED/1BA 776 SF $2,510 PER MONTH INCLUDING PARKING SPACE Floor Plan 2 units feature: 2 bedrooms, 1 bathroom In-unit washer and dryer Private balcony All-new ENERGY STAR appliances Lease includes one parking space 11-0 x x x 12-10

8 FLOOR PLAN 3: 2BED/2BA 876 SF $2,510 PER MONTH INCLUDING PARKING SPACE Floor Plan 3 units feature: 2 bedrooms, 2 bathrooms In-unit washer and dryer Private balcony All-new ENERGY STAR appliances 9-7 x 11-3 Lease includes one parking space 11-0 x x 18-0

9 FLOOR PLAN 4: 2BED/2BA 1,013 SF $2,510 PER MONTH INCLUDING PARKING SPACE Currently unavailable Floor Plan 4 units feature: 2 bedrooms, 2 bathrooms In-unit washer and dryer Private balcony All-new ENERGY STAR appliances Lease includes one parking space 11-0 x x x 11-3

10 FLOOR PLAN 5: 2BED/2BA 885 SF $2,510 PER MONTH INCLUDING PARKING SPACE Floor Plan 5 units feature: 2 bedrooms, 2 bathrooms In-unit washer and dryer Private balcony All-new ENERGY STAR appliances Lease includes one parking space 12-7 x x x 11-0

11 APPLICATION PROCESS Eligibility Delaware is a multifamily rental property for moderate income households. Interested tenants must qualify according to terms outlined by the City of in order to be placed on the project s interest list. To qualify, annual gross household income must be a minimum of $65,000 per year but cannot exceed 120% of area median income (AMI) in the County of. Please refer to the accompanying chart for current income limits per household size as of March Note that the maximum income limits are determined by the United States Department of Housing and Urban Development and the City of and are subject to change over time. Approval is subject to verification of all household members income and assets, and all persons over 18 years of age must pass the credit, criminal and landlord reference checks. Note: all information contained herein is subject to change without notice. Owner and Management assume no liability for incorrect or inaccurate information MAXIMUM INCOME TO QUALIFY ANNUAL MONTHLY 1 person household $ 86,500 $ 7,208 2 person household $ 98,900 $ 8,242 3 person household $ 111,250 $ 9,271 4 person household $ 123,600 $ 10,300 5 person household $ 133,500 $ 11,125 Application Process Add your name to the Interest List by filling out the provided form on delaware.com. If you are income-eligible and your name is selected from the list, we will contact you to begin the application process. As part of the application process, your income eligibility will be verified. The apartments are anticipated to be available for occupancy in September About Westlake Urban Westlake Urban is a full service real estate development company based in, CA. Westlake Urban is committed to connecting people, places, ideas and technology to build better communities. It is currently redeveloping numerous properties in its existing portfolio around the Bay Area. Learn more at A refundable security deposit of one month s rent ($2,510) is required. Pet Policy Delaware is a pet-friendly community. A charge of $50/ month per pet and a refundable $500 deposit per pet is required. Other restrictions apply regarding the number, size and breeds of pets. Call Us! Temporary Leasing Office 520 El Camino Real, Suite #216, CA Office Hours by Appointment Only