Skip to main content

Multifamily

69 & 81 Jose Figueres Ave

69 Jose Figueres Ave, San Jose, CA 95116

Listing Price: $3,800,000

Cap Rate
4.24%
Number of Units
12
GRM
12.60
Occupancy
97.0%
Price/Unit
$316,667
Price/Gross SF
$635.45
Gross SF
5,980

Investment Overview

Marcus & Millichap is honored to present 69 & 81 Jose Figueres Avenue, located in San Jose, California.
This asset contains twelve (12) 1 Bedroom x 1 Bathroom units and sits upon an 11,000 square foot / 0.25 Acre lot, per county assessor. 69 & 81 Jose Figueres Ave is comprised of two buildings, both built in 1959, on two adjoining parcels. Each building has an estimated 3,000 square feet of living space with six (6) 1 Bedroom x 1 Bathroom units in each building. Each unit is approximately 500 square feet. The property has twelve assigned parking spots and ample street parking.
This apartment complex is fully leased. Seven of the twelve units have been renovated, including hardwood floors, stainless steel appliances, new countertops, and fresh exterior paint.
Jose Figueres Ave is conveniently located near Downtown San Jose, The SAP Center, and many shopping centers and restaurants. Jose Figueres Ave is centrally located near the Berryessa / North San Jose BART Station and the VTA Berryessa Transit Center. This property is in the Alum Rock neighborhood in East San Jose, near 680, 280, and the 101. San Jose State University is less than three miles from the property.

Investment Highlights

  • 12 Fully Leased Units in San Jose
  • Seven out of Twelve Units Have Been Renovated
  • Easy Access to Major Freeways and Public Transportation
  • Located Near Downtown San Jose, Shopping, Dining, Schools, and Many Entertainment Options
  • One Mile from Capitol Square Mall

Exclusively Listed By

Multifamily

69 & 81 Jose Figueres Ave

Listing Price: $3,800,000

Cap Rate
4.24%
Number of Units
12
GRM
12.60
Occupancy
97.0%
Price/Unit
$316,667
Price/Gross SF
$635.45
Gross SF
5,980

Investment Highlights

  • 12 Fully Leased Units in San Jose
  • Seven out of Twelve Units Have Been Renovated
  • Easy Access to Major Freeways and Public Transportation
  • Located Near Downtown San Jose, Shopping, Dining, Schools, and Many Entertainment Options
  • One Mile from Capitol Square Mall

Investment Overview

Marcus & Millichap is honored to present 69 & 81 Jose Figueres Avenue, located in San Jose, California. This asset contains twelve (12) 1 Bedroom x 1 Bathroom units and sits upon an 11,000 square foot / 0.25 Acre lot, per county assessor. 69 & 81 Jose Figueres Ave is comprised of two buildings, both built in 1959, on two adjoining parcels. Each building has an estimated 3,000 square feet of living space with six (6) 1 Bedroom x 1 Bathroom units in each building. Each unit is approximately 500 square feet. The property has twelve assigned parking spots and ample street parking. This apartment complex is fully leased. Seven of the twelve units have been renovated, including hardwood floors, stainless steel appliances, new countertops, and fresh exterior paint. Jose Figueres Ave is conveniently located near Downtown San Jose, The SAP Center, and many shopping centers and restaurants. Jose Figueres Ave is centrally located near the Berryessa / North San Jose BART Station and the VTA Berryessa Transit Center. This property is in the Alum Rock neighborhood in East San Jose, near 680, 280, and the 101. San Jose State University is less than three miles from the property.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower