Multifamily

5719 Via Monte Dr

Listing Price: $1,598,000

Cap Rate
4.59%
Number of Units
4
GRM
14.96
Occupancy
97.00%
Price/Unit
$399,500
Price/Gross SF
$499.38
Gross SF
3,200

Investment Overview

5719 Via Monte Dr is a four unit apartment building located in San Jose California in the county of Santa Clara. The property has an excellent unit mix consisting of four, spacious, two bedroom one bathroom flats. The units average 800 square feet each for a net rentable square footage of 3,200 square feet. The property sits on a .17 acre or 7,440 square foot lot. It has parking at the rear of the property in the form of individual enclosed garages and also ample street parking. There is an on-site laundry room as an added convenience for the residents and for additional income for the owner.

The property is in walking distance form an impressive array of retailers, convenience and shopping. It is about one block away from a Whole Foods anchored shopping center. Other tenants within the shopping center include Chick-fil-A, Peet's Coffee, Chipotle and Office Max. Across from the Whole Foods Shopping Center is the Almaden Plaza with over 60 retailers and services. Some of the more notable are Costco, Trader Joe's, TJ Maxx and Ross.

Investment Highlights

  • Attractively priced with a strong in-place cap rate
  • Excellent unit mix of four two bedroom one bedroom units
  • Individual enclosed garages for each unit
  • On-site laundry room for additional income
  • Walking distance to dozens of retailers, restaurants and everyday services

Exclusively Listed By

Listing Price: $1,598,000

Cap Rate
4.59%
Number of Units
4
GRM
14.96
Occupancy
97.00%
Price/Unit
$399,500
Price/Gross SF
$499.38
Gross SF
3,200

Investment Highlights

  • Attractively priced with a strong in-place cap rate
  • Excellent unit mix of four two bedroom one bedroom units
  • Individual enclosed garages for each unit
  • On-site laundry room for additional income
  • Walking distance to dozens of retailers, restaurants and everyday services

Investment Overview

5719 Via Monte Dr is a four unit apartment building located in San Jose California in the county of Santa Clara. The property has an excellent unit mix consisting of four, spacious, two bedroom one bathroom flats. The units average 800 square feet each for a net rentable square footage of 3,200 square feet. The property sits on a .17 acre or 7,440 square foot lot. It has parking at the rear of the property in the form of individual enclosed garages and also ample street parking. There is an on-site laundry room as an added convenience for the residents and for additional income for the owner.

The property is in walking distance form an impressive array of retailers, convenience and shopping. It is about one block away from a Whole Foods anchored shopping center. Other tenants within the shopping center include Chick-fil-A, Peet's Coffee, Chipotle and Office Max. Across from the Whole Foods Shopping Center is the Almaden Plaza with over 60 retailers and services. Some of the more notable are Costco, Trader Joe's, TJ Maxx and Ross.

Exclusively Listed By

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