Investment Overview

742 S 9th St is an exceptional 10-unit apartment community located in the thriving city of San Jose, California. Situated on a 9,522 square foot parcel of land, the subject property was originally constructed in 1966 and has a gross building area of approximately 6,536 square feet, offering its tenants beautifully designed one-bedroom floor plans. 742 S 9th St sits near Downtown San Jose and is within walking distance to the Target anchored 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, 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 the heart of Silicon Valley, 742 S 9th St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.