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Multifamily

556 S 11th St

556 S 11th St, San Jose, CA 95112

Listing Price: $2,250,000

Cap Rate
4.65%
Number of Units
6
GRM
14.73
Price/Unit
$375,000
Price/Gross SF
$595.24
Gross SF
3,780

Investment Overview

556 S 11th St is an exceptional 6-unit apartment community located in the prosperous city of San Jose, California.

Situated on a 5,514 square foot parcel of land, the subject property was originally constructed in 1959 and features a gross building area of approximately 3,780 square feet, offering tenants and residents beautifully designed two-bedroom and studio floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry.

556 S 11th St sits near Downtown San Jose and is within proximity to the San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.

Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco, among many other multinational enterprises.

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, 556 S 11th St 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 South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the South Bay.
  • Prime Downtown San Jose Location - The subject property sits near San Jose State University, capitalizing on the robust student housing demand.
  • Convenient Tenant Amenities - 556 S 11th St offers tenants convenient amenities such as private covered parking and on-site laundry.
  • Quick Access Around the Bay Area – The subject property offers tenants and residents convenient access to I-280 and other major transportation routes, providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.
  • 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

556 S 11th St

Listing Price: $2,250,000

Cap Rate
4.65%
Number of Units
6
GRM
14.73
Price/Unit
$375,000
Price/Gross SF
$595.24
Gross SF
3,780

Investment Highlights

  • Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the South Bay.
  • Prime Downtown San Jose Location - The subject property sits near San Jose State University, capitalizing on the robust student housing demand.
  • Convenient Tenant Amenities - 556 S 11th St offers tenants convenient amenities such as private covered parking and on-site laundry.
  • Quick Access Around the Bay Area – The subject property offers tenants and residents convenient access to I-280 and other major transportation routes, providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.
  • 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

556 S 11th St is an exceptional 6-unit apartment community located in the prosperous city of San Jose, California. Situated on a 5,514 square foot parcel of land, the subject property was originally constructed in 1959 and features a gross building area of approximately 3,780 square feet, offering tenants and residents beautifully designed two-bedroom and studio floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. 556 S 11th St sits near Downtown San Jose and is within proximity to the San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations. Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco, among many other multinational enterprises. 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, 556 S 11th St 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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