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Multifamily

175 Alexander Ave

175 Alexander Ave, San Jose, CA 95116

Listing Price: $1,999,995

Cap Rate
3.01%
Number of Units
4
GRM
21.23
Occupancy
95.0%
Price/Unit
$499,999
Price/Gross SF
$635.93
Gross SF
3,145

Investment Overview

The property sits on 6,534 square feet of low maintenance land and was originally constructed in 1961. The property boasts just over 3,100 square feet of living space, which has been recently updated. The unit mix consists of Two (2) one-bedroom/one- bathroom, One (1) two-bedrooms/one-bathroom and one(1) three-bedroom/one-bathroom. 175 Alexander Ave sits just outside the eastern border of the rapidly expanding Downtown San Jose corridor. The property offers access to the countrys most expansive employment market and at the same time provides residents with a quiet, suburban feel.

Investment Highlights

  • 3.01% Cap Rate on Current Income
  • GRM: 21.23
  • Unit mix: 2 One Bedroom/One Bath
  • 1 - Two Bedroom/One Bath
  • 1 - Three Bedroom/One Bath

Exclusively Listed By

Listing Price: $1,999,995

Cap Rate
3.01%
Number of Units
4
GRM
21.23
Occupancy
95.0%
Price/Unit
$499,999
Price/Gross SF
$635.93
Gross SF
3,145

Investment Highlights

  • 3.01% Cap Rate on Current Income
  • GRM: 21.23
  • Unit mix: 2 One Bedroom/One Bath
  • 1 - Two Bedroom/One Bath
  • 1 - Three Bedroom/One Bath

Investment Overview

The property sits on 6,534 square feet of low maintenance land and was originally constructed in 1961. The property boasts just over 3,100 square feet of living space, which has been recently updated. The unit mix consists of Two (2) one-bedroom/one- bathroom, One (1) two-bedrooms/one-bathroom and one(1) three-bedroom/one-bathroom. 175 Alexander Ave sits just outside the eastern border of the rapidly expanding Downtown San Jose corridor. The property offers access to the countrys most expansive employment market and at the same time provides residents with a quiet, suburban feel.

Exclusively Listed By

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