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Multifamily

Tao Apartments

544 N 4th St, San Jose, CA 95112

Listing Price: $5,895,000

Cap Rate
4.88%
Number of Units
18
GRM
12.47
Price/Unit
$327,500
Price/Gross SF
$538.06
Gross SF
10,956

Investment Overview

San Jose is the third-largest city by population in California, tenth largest by population in the United States and the county seat of Santa Clara County. It is the largest city within the Bay Area as well as the largest city in Northern California. The large concentration of high-technology engineering, computer and microprocessor companies around San Jose has led the area to be known as the Silicon Valley. As the largest city in the valley, San Jose has billed itself as "The Capital of Silicon Valley". San Jose is now considered to be a global city and is notable for its affluence and high cost of living.

Notable attractions in San Jose include the Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center, and San Jose Museum of Art. Tao Apartments is situated within close proximity to Downtown San Jose, home to a myriad of fine dining, shopping, and entertainment options. Downtown West, the giant proposed tech campus for Google, is planned for the Downtown Diridon Station area. The property is also located within walking distance to San Jose State University and half an hour from many additional distinguished educational institutions including Stanford University, and Santa Clara 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.

Investment Highlights

  • Prime San Jose Location - The subject property is situated adjacent to Japan town and located within walking distance to San Jose State University and Downtown San Jose.
  • Excellent Transportation Corridors - Tao Apartments provides tenants and residents easy access to California State Route 17, California State Route 87, Interstate 280, as well as many others.
  • Notable Attractions - Tenants are located within convenient access to many city attractions such as Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center and the San Jose Museum of Art.
  • Strong Employment Base - Many of the nation's top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as several others are within close proximity to the subject property.

Exclusively Listed By

Multifamily

Tao Apartments

Listing Price: $5,895,000

Cap Rate
4.88%
Number of Units
18
GRM
12.47
Price/Unit
$327,500
Price/Gross SF
$538.06
Gross SF
10,956

Investment Highlights

  • Prime San Jose Location - The subject property is situated adjacent to Japan town and located within walking distance to San Jose State University and Downtown San Jose.
  • Excellent Transportation Corridors - Tao Apartments provides tenants and residents easy access to California State Route 17, California State Route 87, Interstate 280, as well as many others.
  • Notable Attractions - Tenants are located within convenient access to many city attractions such as Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center and the San Jose Museum of Art.
  • Strong Employment Base - Many of the nation's top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as several others are within close proximity to the subject property.

Investment Overview

San Jose is the third-largest city by population in California, tenth largest by population in the United States and the county seat of Santa Clara County. It is the largest city within the Bay Area as well as the largest city in Northern California. The large concentration of high-technology engineering, computer and microprocessor companies around San Jose has led the area to be known as the Silicon Valley. As the largest city in the valley, San Jose has billed itself as "The Capital of Silicon Valley". San Jose is now considered to be a global city and is notable for its affluence and high cost of living. Notable attractions in San Jose include the Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center, and San Jose Museum of Art. Tao Apartments is situated within close proximity to Downtown San Jose, home to a myriad of fine dining, shopping, and entertainment options. Downtown West, the giant proposed tech campus for Google, is planned for the Downtown Diridon Station area. The property is also located within walking distance to San Jose State University and half an hour from many additional distinguished educational institutions including Stanford University, and Santa Clara 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.

Exclusively Listed By

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