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Multifamily

139 N 6th St

139 N 6th St, San Jose, CA 95112

Listing Price: $1,850,000

Cap Rate
3.51%

Investment Overview

139 N 6th St. San Jose is a highly desirable 6 unit apartment located in the coveted city of San Jose, CA. Situated on a parcel of land totaling 8,905 square feet, the subject property was originally constructed in 1898 and has a gross building area of 3,096 square feet, offering its tenants beautifully designed studio, one-bedroom and two-bedroom floor plans. Tech giants like Apple, Google, Facebook, IBM, Intel, eBay, Yahoo!, Cisco Systems,Adobe Systems, LinkedIn, and many other all call San Jose home, with ongoing plans forGoogle to increase their presence in San Jose by partnering with the City of San Jose to develop “Google Village,” which is reported to encompass a transit hub. The newly released “Google Village Site Plan” for the mixed-use project will not only bring are ported 20,000-25,000 workers downtown, but the proposed 6.5 million square feet of office space, and 500,000 square feet for retail, restaurants, arts, and education will all contribute to the demand for rental housing. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy level. With a world class location in the heart of SiliconValley, 139 N 6th presents an attractive choice for investors due to its proximity to major employer’s transportation corridors, shopping, dining, and entertainment options

Investment Highlights

  • Tremendous Investment Opportunity in San Jose
  • Desirable Unit Mix Consisting of Studio, One-Bedroom and Two-Bedroom FloorPlans
  • Close Proximity to Numerous High-Tech Employers Including Apple, Google, Facebook, IBM, Intel, eBay, Yahoo!, Cisco Systems, Adobe Systems, LinkedIn, and Many Others
  • Convenient Access to Major Transportation Corridors such as US 101,Interstate 280 and California State Route 87

Exclusively Listed By

Listing Price: $1,850,000

Cap Rate
3.51%

Investment Highlights

  • Tremendous Investment Opportunity in San Jose
  • Desirable Unit Mix Consisting of Studio, One-Bedroom and Two-Bedroom FloorPlans
  • Close Proximity to Numerous High-Tech Employers Including Apple, Google, Facebook, IBM, Intel, eBay, Yahoo!, Cisco Systems, Adobe Systems, LinkedIn, and Many Others
  • Convenient Access to Major Transportation Corridors such as US 101,Interstate 280 and California State Route 87

Investment Overview

139 N 6th St. San Jose is a highly desirable 6 unit apartment located in the coveted city of San Jose, CA. Situated on a parcel of land totaling 8,905 square feet, the subject property was originally constructed in 1898 and has a gross building area of 3,096 square feet, offering its tenants beautifully designed studio, one-bedroom and two-bedroom floor plans. Tech giants like Apple, Google, Facebook, IBM, Intel, eBay, Yahoo!, Cisco Systems,Adobe Systems, LinkedIn, and many other all call San Jose home, with ongoing plans forGoogle to increase their presence in San Jose by partnering with the City of San Jose to develop “Google Village,” which is reported to encompass a transit hub. The newly released “Google Village Site Plan” for the mixed-use project will not only bring are ported 20,000-25,000 workers downtown, but the proposed 6.5 million square feet of office space, and 500,000 square feet for retail, restaurants, arts, and education will all contribute to the demand for rental housing. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy level. With a world class location in the heart of SiliconValley, 139 N 6th presents an attractive choice for investors due to its proximity to major employer’s transportation corridors, shopping, dining, and entertainment options

Exclusively Listed By

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