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Multifamily

468 S Sixth St

468 S Sixth St, San Jose, CA 95112

Listing Price: $1,340,625

Cap Rate
7.82%
Number of Units
11
GRM
8.39
Price/Unit
$121,875
Price/Gross SF
$297.92
Gross SF
4,500

Investment Overview

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

Situated on a 4,692 square foot parcel of land, the subject property was originally
constructed in 1885 and renovated in 2005 featuring a gross building area of
approximately 4,500 square feet, offering tenants and residents beautifully designed
three-bedroom and SRO floor plans. The subject property also offers tenants convenient
amenities such as private parking and on-site laundry.

468 S 6th 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
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,
468 S 6th 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
  • Convenient Tenant Amenities - The subject property offers tenants convenient amenities such as private parking and on-site laundry.
  • Extensive Capital Improvements - 468 S 6th St has undergone extensive capital improvements including laminate flooring, upgraded kitchen appliances, and installed CCTV camera system.

Exclusively Listed By

Multifamily

468 S Sixth St

Listing Price: $1,340,625

Cap Rate
7.82%
Number of Units
11
GRM
8.39
Price/Unit
$121,875
Price/Gross SF
$297.92
Gross SF
4,500

Investment Highlights

  • Exceptional South Bay Investment Opportunity
  • Convenient Tenant Amenities - The subject property offers tenants convenient amenities such as private parking and on-site laundry.
  • Extensive Capital Improvements - 468 S 6th St has undergone extensive capital improvements including laminate flooring, upgraded kitchen appliances, and installed CCTV camera system.

Investment Overview

468 S 6th St is an exceptional 11-unit apartment community located in the prosperous city of San Jose, California. Situated on a 4,692 square foot parcel of land, the subject property was originally constructed in 1885 and renovated in 2005 featuring a gross building area of approximately 4,500 square feet, offering tenants and residents beautifully designed three-bedroom and SRO floor plans. The subject property also offers tenants convenient amenities such as private parking and on-site laundry. 468 S 6th 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 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, 468 S 6th 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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