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Multifamily

Westwinds Apartments

4775 Atherton Ave, San Jose, CA 95130

Listing Price: $12,528,000

Cap Rate
4.32%

Investment Overview

Westwinds Apartments is an exceptional 36-unit apartment community located at 4775Atherton Ave in thriving West San Jose, California. Situated on a parcel of land totaling 35,640 square feet, the subject property was originally constructed in 1969 and has a gross building area of approximately 26,412square feet, offering its tenants beautifully-designed one-bedroom, two-bedroom, and three-bedroom floor plans. The subject property has recently undergone extensive capital improvements which include a solar electricity system, solar domestic water heating system, swimming pool with a solar heating system, earthquake retrofitted I-beams and copper piping throughout. In addition, $120,000 has been deployed into exterior renovations such as improved balconies, patios, and solar panels. Along with being newly painted, the property also offers tenants and residents many attractive community amenities including a barbecue picnic area, resurfaced swimming pool, exercise room, gated covered parking for all units as well as storage closets and on-site laundry facilities. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University and San Jose State University. As part of Silicon Valley, this location offers renters close proximity to many of the nation’s top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The subject property also provides tenants and residents convenient access to San Jose State University and Downtown San Jose. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, Westwinds Apartments presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Exceptional West San Jose Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley
  • Desirable Unit Mix - The subject property offers beautifully-designed one-bedroom, two-bedroom, and three-bedroom floor plans
  • Westwinds Apartments has undergone capital improvements including a solar electricity system, solar domestic water heating system, swimming pool with a solar heating, etc.
  • Attractive Community Amenities - Subject property includes community barbecue picnic area, resurfaced swimming pool, exercise room, gated covered parking for all units as well as storage closets and on-site laundry facilities
  • Convenient Access Around the Bay Area - Westwinds Apartments offers tenants and residents close proximity to I-280 and other major transportation routes providing access to prestigious educational institutions, major employers, and various lifestyle amenities offered in the Bay Area

Exclusively Listed By

Multifamily

Westwinds Apartments

Investment Highlights

  • Exceptional West San Jose Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley
  • Desirable Unit Mix - The subject property offers beautifully-designed one-bedroom, two-bedroom, and three-bedroom floor plans
  • Westwinds Apartments has undergone capital improvements including a solar electricity system, solar domestic water heating system, swimming pool with a solar heating, etc.
  • Attractive Community Amenities - Subject property includes community barbecue picnic area, resurfaced swimming pool, exercise room, gated covered parking for all units as well as storage closets and on-site laundry facilities
  • Convenient Access Around the Bay Area - Westwinds Apartments offers tenants and residents close proximity to I-280 and other major transportation routes providing access to prestigious educational institutions, major employers, and various lifestyle amenities offered in the Bay Area

Investment Overview

Westwinds Apartments is an exceptional 36-unit apartment community located at 4775Atherton Ave in thriving West San Jose, California. Situated on a parcel of land totaling 35,640 square feet, the subject property was originally constructed in 1969 and has a gross building area of approximately 26,412square feet, offering its tenants beautifully-designed one-bedroom, two-bedroom, and three-bedroom floor plans. The subject property has recently undergone extensive capital improvements which include a solar electricity system, solar domestic water heating system, swimming pool with a solar heating system, earthquake retrofitted I-beams and copper piping throughout. In addition, $120,000 has been deployed into exterior renovations such as improved balconies, patios, and solar panels. Along with being newly painted, the property also offers tenants and residents many attractive community amenities including a barbecue picnic area, resurfaced swimming pool, exercise room, gated covered parking for all units as well as storage closets and on-site laundry facilities. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University and San Jose State University. As part of Silicon Valley, this location offers renters close proximity to many of the nation’s top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The subject property also provides tenants and residents convenient access to San Jose State University and Downtown San Jose. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, Westwinds Apartments presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

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