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Multifamily

411 Clifton Ave

411 Clifton Ave, San Jose, CA 95128

Listing Price: $2,050,000

Cap Rate
4.21%
Number of Units
8
Price/Unit
$256,250

Investment Overview

For the first time on the market in over 40 years, 411 Clifton Avenue offers Investors the opportunity to acquire 8 units, located in San Jose moments away from The Rose Garden. Constructed in 1957, this two story asset consists of 3,446 square feet of rentable space situated upon a 5,911 square foot lot and includes a contiguous parking lot for tenants. The investment appeal of this asset is the property’s phenomenal location, which offers its residents and investors the opportunity to live and operate in one of the most influential and innovative cities in the entire United States. For example, this community is located within a short distance of highly acclaimed Universities including San Jose State University, Santa Clara University, and Stanford University. Additionally, the property will become a benefactor of continued economic growth created by proposed projects such as Google’s New Transit Village Campus and San Jose BART. The subject property offers tenants the luxury of being located just moments away from the thriving and bustling upscale Valley Fair Shopping Center and Santana Row Shopping Strip. In addition to the multitude of premium shops, retail and high-end restaurants that Santana Row has to offer, 411 Clifton Ave is adjacent to major freeways and is positioned perfectly for commuters. The asset commands high rents as it is located within a very short distance of many nearby amenities including, Santana Row, Valley Fair, and the San Jose Diridon Station which can be used to access the multitude of large employers located in San Jose, Mountain View, Santa Clara, etc. San Jose is one of the largest cities in Silicon Valley and the United States. San Jose is surrounded by the beautiful Rolling Hills of Silicon Valley, and is a major technology hub in California’s Bay Area. Large tech employers view San Jose as a hot bed of innovation and opportunity. Because of this, San Jose has seen growth both in rents and values far larger in size than most other cities. The apartments at 411 Clifton is the opportunity investors are looking for to acquire a well-maintained asset in the heart of the largest and fastest growing tech market and education hubs in the entire world.

Investment Highlights

  • Well Positioned San Jose Multi Family Opportunity Near the Illustrious Rose Garden
  • Just a Few Minutes Away to Upscale Santana Row Shopping Strip & Famous Valley Fair Shopping Center
  • Private Rear Parking Ports
  • Easy Access To Main Highways and Major Tech Employers
  • Well Maintained Apartment Complex

Exclusively Listed By

Listing Price: $2,050,000

Cap Rate
4.21%
Number of Units
8
Price/Unit
$256,250

Investment Highlights

  • Well Positioned San Jose Multi Family Opportunity Near the Illustrious Rose Garden
  • Just a Few Minutes Away to Upscale Santana Row Shopping Strip & Famous Valley Fair Shopping Center
  • Private Rear Parking Ports
  • Easy Access To Main Highways and Major Tech Employers
  • Well Maintained Apartment Complex

Investment Overview

For the first time on the market in over 40 years, 411 Clifton Avenue offers Investors the opportunity to acquire 8 units, located in San Jose moments away from The Rose Garden. Constructed in 1957, this two story asset consists of 3,446 square feet of rentable space situated upon a 5,911 square foot lot and includes a contiguous parking lot for tenants. The investment appeal of this asset is the property’s phenomenal location, which offers its residents and investors the opportunity to live and operate in one of the most influential and innovative cities in the entire United States. For example, this community is located within a short distance of highly acclaimed Universities including San Jose State University, Santa Clara University, and Stanford University. Additionally, the property will become a benefactor of continued economic growth created by proposed projects such as Google’s New Transit Village Campus and San Jose BART. The subject property offers tenants the luxury of being located just moments away from the thriving and bustling upscale Valley Fair Shopping Center and Santana Row Shopping Strip. In addition to the multitude of premium shops, retail and high-end restaurants that Santana Row has to offer, 411 Clifton Ave is adjacent to major freeways and is positioned perfectly for commuters. The asset commands high rents as it is located within a very short distance of many nearby amenities including, Santana Row, Valley Fair, and the San Jose Diridon Station which can be used to access the multitude of large employers located in San Jose, Mountain View, Santa Clara, etc. San Jose is one of the largest cities in Silicon Valley and the United States. San Jose is surrounded by the beautiful Rolling Hills of Silicon Valley, and is a major technology hub in California’s Bay Area. Large tech employers view San Jose as a hot bed of innovation and opportunity. Because of this, San Jose has seen growth both in rents and values far larger in size than most other cities. The apartments at 411 Clifton is the opportunity investors are looking for to acquire a well-maintained asset in the heart of the largest and fastest growing tech market and education hubs in the entire world.

Exclusively Listed By

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