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Multifamily

466 N 13th St

466 N 13th St, San Jose, CA 95112

Listing Price: $2,250,000

Cap Rate
4.08%
Number of Units
7
Price/Unit
$321,429
Price/Gross SF
$588.24
Gross SF
3,825

Investment Overview

466 N 13th St offers Investors the opportunity to acquire 7 units, located in San Jose, CA just moments away from the growing and bustling downtown area. Built in 1957, this well maintained apartment complex consists of 3,825 square feet of rentable living space situated upon a 0.14 acre lot and includes a covered parking port for each of the tenants. The investment appeal of this asset is the property’s exceptional quality and irreplaceable 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. 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 which are both only a few minutes away. The asset commands high rents as it is located within a very short distance of many nearby amenities including, the San Jose Diridon Station, the infamous San Pedro Square, Major Tech employers such as Zoom, Google and Adobe, and the SAP Center – Home of the San Jose Sharks Hockey Team. 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 466 N 13th St 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

  • Meticulously Maintained & Well Positioned Downtown San Jose Multi-Family Opportunity
  • Just A Few Minutes Away From San Pedro Square Market, Googles Proposed Village, & San Jose Diridon Station
  • Renovated Units With Hardwood Floors, Refurbished Kitchen, New Bathtubs & Toilets, Copper & Pex Piping, Water Heaters & More!
  • Newly Installed Security System With Cameras Surveying The Entire Exterior
  • Covered Parking Fore Each Unit & Plenty Of Street Parking
  • Easy Access to Main Highways & Major Tech Employers

Exclusively Listed By

Listing Price: $2,250,000

Cap Rate
4.08%
Number of Units
7
Price/Unit
$321,429
Price/Gross SF
$588.24
Gross SF
3,825

Investment Highlights

  • Meticulously Maintained & Well Positioned Downtown San Jose Multi-Family Opportunity
  • Just A Few Minutes Away From San Pedro Square Market, Googles Proposed Village, & San Jose Diridon Station
  • Renovated Units With Hardwood Floors, Refurbished Kitchen, New Bathtubs & Toilets, Copper & Pex Piping, Water Heaters & More!
  • Newly Installed Security System With Cameras Surveying The Entire Exterior
  • Covered Parking Fore Each Unit & Plenty Of Street Parking
  • Easy Access to Main Highways & Major Tech Employers

Investment Overview

466 N 13th St offers Investors the opportunity to acquire 7 units, located in San Jose, CA just moments away from the growing and bustling downtown area. Built in 1957, this well maintained apartment complex consists of 3,825 square feet of rentable living space situated upon a 0.14 acre lot and includes a covered parking port for each of the tenants. The investment appeal of this asset is the property’s exceptional quality and irreplaceable 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. 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 which are both only a few minutes away. The asset commands high rents as it is located within a very short distance of many nearby amenities including, the San Jose Diridon Station, the infamous San Pedro Square, Major Tech employers such as Zoom, Google and Adobe, and the SAP Center – Home of the San Jose Sharks Hockey Team. 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 466 N 13th St 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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