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Multifamily

2748 Kollmar Dr

2748 Kollmar Dr, San Jose, CA 95127

Listing Price: $4,600,000

Cap Rate
6.73%
Number of Units
16
GRM
9.06
Occupancy
97.0%
Price/Unit
$287,500
Price/Gross SF
$441.63
Gross SF
10,416

Investment Overview

Marcus & Millichap is pleased to present 2748 Kollmar Drive, a sixteen (16) unit apartment community located in San Jose. The property features a desirable unit mix of seven (7) 1-Bedroom x 1-Bathroom units and nine (9) 2-Bedroom x 1-Bathroom units, totaling approximately 10,416 square feet of rentable living space situated on a 15,000 square foot lot.

The property offers sixteen (16) covered carport parking spaces—one for each unit—along with four (4) additional uncovered parking spaces. Residents also benefit from a shared on-site laundry room, with all laundry appliances included in the sale.

Ownership has completed several recent capital improvements to the property. In 2025, all electrical systems were upgraded, including new electrical disconnects, new primary electrical panels for the building, and brand new electrical panels installed in every unit, ensuring there are no Zinsco panels remaining. Additional improvements include new LED lighting in the rear alleyways as well as fresh paint in the common areas and on the front exterior of the building.

2748 Kollmar Drive presents investors with the opportunity to acquire a well-maintained multifamily asset with recent system upgrades in the heart of Silicon Valley, positioned to benefit from the strong rental demand and economic fundamentals of the San Jose market.

Investment Highlights

  • 16 Unit Apartment Complex: Featuring Seven 1-Bedroom Units & Nine 2-Bedroom Units
  • Ample Parking: 16 Assigned Carport Spaces & Additional Uncovered Spaces
  • 2025 Electrical Upgrades: New Electrical Disconnects, New Main Panels, and Brand-New Electrical Panels in Every Unit
  • On-Site Laundry Facility with Laundry Appliances Included in the Sale
  • Recent Capital Improvements: New LED Lighting in Rear Alleyways and Fresh Paint in Common Areas and Front Exterior

Exclusively Listed By

Multifamily

2748 Kollmar Dr

Listing Price: $4,600,000

Cap Rate
6.73%
Number of Units
16
GRM
9.06
Occupancy
97.0%
Price/Unit
$287,500
Price/Gross SF
$441.63
Gross SF
10,416

Investment Highlights

  • 16 Unit Apartment Complex: Featuring Seven 1-Bedroom Units & Nine 2-Bedroom Units
  • Ample Parking: 16 Assigned Carport Spaces & Additional Uncovered Spaces
  • 2025 Electrical Upgrades: New Electrical Disconnects, New Main Panels, and Brand-New Electrical Panels in Every Unit
  • On-Site Laundry Facility with Laundry Appliances Included in the Sale
  • Recent Capital Improvements: New LED Lighting in Rear Alleyways and Fresh Paint in Common Areas and Front Exterior

Investment Overview

Marcus & Millichap is pleased to present 2748 Kollmar Drive, a sixteen (16) unit apartment community located in San Jose. The property features a desirable unit mix of seven (7) 1-Bedroom x 1-Bathroom units and nine (9) 2-Bedroom x 1-Bathroom units, totaling approximately 10,416 square feet of rentable living space situated on a 15,000 square foot lot. The property offers sixteen (16) covered carport parking spaces—one for each unit—along with four (4) additional uncovered parking spaces. Residents also benefit from a shared on-site laundry room, with all laundry appliances included in the sale. Ownership has completed several recent capital improvements to the property. In 2025, all electrical systems were upgraded, including new electrical disconnects, new primary electrical panels for the building, and brand new electrical panels installed in every unit, ensuring there are no Zinsco panels remaining. Additional improvements include new LED lighting in the rear alleyways as well as fresh paint in the common areas and on the front exterior of the building. 2748 Kollmar Drive presents investors with the opportunity to acquire a well-maintained multifamily asset with recent system upgrades in the heart of Silicon Valley, positioned to benefit from the strong rental demand and economic fundamentals of the San Jose market.

Exclusively Listed By

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