Oberndorf Real Estate Buys Museum Park Apartments in Bay Area

SaleMultifamily & Mixed-useSilicon Valley (San Jose / Milpitas / Mountain View)

Reported Oct 20, 2026 · Source: PR Newswire

Source: PR NewswireRead the full report at PR Newswire ↗

Deal details

Buyer
Oberndorf Real Estate Management affiliate with The Bascom Group
Seller
Not disclosed
Price
$53.1M
Size
117 units
Price per unit
$453,846 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Silicon Valley (San Jose / Milpitas / Mountain View)
Metro
San Francisco Bay Area
Reported date
Oct 20, 2026

Summary

An affiliate of Oberndorf Real Estate Management, with The Bascom Group, acquired Museum Park Apartments, a 117-unit Class B+ property at 465 West San Carlos in San Jose, for $53.1 million.

Summarized from the article; the quoted lines below are from the article itself.

Source: PR Newswire

Read the full report at PR Newswire. What the article says:

  • Deal / Price / Size
    20, 2026 /PRNewswire/ -- An affiliate of Oberndorf Real Estate Management ("OBREM") in partnership with The Bascom Group, LLC ("Bascom") today announced the acquisition of Museum Park Apartments, a 117-unit Class B+ multifamily property located at 465 West San Carlos in San Jose, CA for $53.1 million.
  • Deal
    Museum Park is located in a prime downtown San Jose area near employment centers and transit infrastructure.

Article date: 2026-10-20T16:57:00-04:00

Frequently asked questions

Who bought Museum Park Apartments?
Oberndorf Real Estate Management bought Museum Park Apartments in Silicon Valley, Bay Area, according to PR Newswire.
How much did Museum Park Apartments sell for?
The reported price is $53.1M, per PR Newswire.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.