Behringer Harvard has acquired Acappella Apartments, a mid-rise multifamily community providing 163 apartment homes located three miles northwest of the San Francisco International Airport.

Behringer Harvard has acquired Acappella Apartments, a mid-rise multifamily community providing 163 apartment homes located three miles northwest of the San Francisco International Airport.

"Acappella Apartments is a centrally located, newly constructed multifamily community with luxurious amenities," says Mark T. Alfieri, chief operating officer of Behringer Harvard Multifamily Reit I. "The community's transit-oriented location in one of America's most desirable metropolitan areas also provides an excellent fit with our multifamily platform's investment strategy."

Located at 1001 National Avenue in San Bruno, California, Acappella Apartments was constructed in 2009 during the third phase of development at The Crossing, a 20-acre, master-planned community.

The Acappella multifamily community consists of a five-story building with a below-grade parking garage. Residents enjoy a state-of-the-art fitness centre, a business centre and a resort-style swimming pool and spa. Common-area amenities also include a landscaped courtyard with a picnic area and gas barbecues.

The homes at Acappella Apartments average approximately 900 square feet in size with one or two bedrooms and baths.

Residents of Acappella Apartments are less than a mile from the San Bruno BART station providing light rail service to downtown San Francisco, the airport and the East Bay.

Immediately adjacent to Acappella Apartments is The Shops at Tanforan, a 1.1 million square foot retail centre including Barnes & Noble and Target stores, a multi-screen cinema and multiple casual restaurants.

Including this most recent investment, the portfolio of Behringer Harvard Multifamily Reit I includes investments in 30 multifamily communities in 12 states providing a total of 8,449 apartment homes.