Eight unit apartment complex exceptionally well priced at $261,250 per unit with a current cap rate of 5.37% and compelling pro forma cap rate of 9.96%. Each unit includes dedicated parking, and the property benefits from efficient operations and strong in-place cash flow. Located in the heart of Silicon Valley, the property sits within minutes of Downtown San Jose, the SAP Center, San Jose State University, Santa Clara University, and the San Jose International Airport. Marketing Package available upon request.
Pending
$2,090,000
North 1st, San Jose, CA 95112
--beds
--baths
6,704sqft
Est.:
Five Or More Units,
Built in 1924
-- sqft lot
$2,028,400 Zestimate®
$312/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 230 |
- 17 |
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