Multifamily
1951 Panama Ave
1951 Panama Ave, San Jose, CA 95122
Listing Price: $999,000
Cap Rate
1.87%
Number of Units
1
GRM
16.65
Price/Unit
$999,000
Investment Overview
This is being sold as part of a four property portfolio located in San Jose, CA. They can be purchased together or separately. The portfolio contains the following properties: 631 Hillmont Avenue, 2747 Sussex Drive, 1951 Panama Avenue, and 345 Cureton Place.
Investment Highlights
- NOT subject to rent control and have significant value-add upside (buyer to verify)
- All four properties are tenant occupied on a month-to-month lease.
- Allows an investor to immediately scale their investment to four single family homes in close proximity.
- Significant value-add upside allows an investor to renovate and re-tenant or to renovate and flip.
Exclusively Listed By
Listing Price: $999,000
Cap Rate
1.87%
Number of Units
1
GRM
16.65
Price/Unit
$999,000
Investment Highlights
- NOT subject to rent control and have significant value-add upside (buyer to verify)
- All four properties are tenant occupied on a month-to-month lease.
- Allows an investor to immediately scale their investment to four single family homes in close proximity.
- Significant value-add upside allows an investor to renovate and re-tenant or to renovate and flip.
Investment Overview
This is being sold as part of a four property portfolio located in San Jose, CA. They can be purchased together or separately. The portfolio contains the following properties: 631 Hillmont Avenue, 2747 Sussex Drive, 1951 Panama Avenue, and 345 Cureton Place.
Exclusively Listed By