Multifamily
DeLaVe Villa Apartments
635 S 11th St, San Jose, CA 95112
Listing Price: $5,875,000
Investment Overview
Presenting an investment gem in the heart of Silicon Valley, San Jose, CA. This 20-unit apartment building offers a lucrative opportunity for savvy investors seeking both immediate returns and long-term appreciation in one of the nation's most dynamic real estate markets. Situated in the thriving city of San Jose, this property benefits from its proximity to major tech hubs, corporate headquarters, and a vibrant local economy. With easy access to major highways and public transportation, tenants enjoy convenience and connectivity. San Jose consistently ranks among the top rental markets in the nation. Demand for quality housing is high, driven by the city's robust job market, prestigious educational institutions, and a continuous influx of professionals seeking the Silicon Valley lifestyle.
The property boasts a desirable unit mix consisting of thirteen two bedroom one baths and seven one bedroom on baths appealing to a broad tenant demographic. The diverse offerings cater to the varying needs of the local rental market.
The current cap rate is very competitive with all on market comparable as well as all sales comparable in San Jose, CA for the past few years. Smart investors recognize the value-add potential in this property. There is an opportunity to enhance rental income through strategic renovations, modernization, and the implementation of premium amenities to meet the evolving preferences of tenants. The current occupancy rate and historically strong rental performance ensure a stable and consistent cash flow. With competitive market rents and a proven track record, this investment promises a reliable income stream.
This 20-unit apartment building in San Jose, CA, represents a rare investment opportunity in a city that epitomizes innovation and economic growth. With its strategic location, diverse unit mix, value-add potential, and strong rental market fundamentals, this property is poised to deliver impressive returns for discerning investors. Don't miss the chance to be part of the Silicon Valley success story – seize this investment opportunity today.
Investment Highlights
- 0.4 Miles From San Jose State University
- 1.3 Miles From Downtown San Jose
- On-Site Parking and Laundry Room
Exclusively Listed By
Financing By
Listing Price: $5,875,000
Investment Highlights
- 0.4 Miles From San Jose State University
- 1.3 Miles From Downtown San Jose
- On-Site Parking and Laundry Room
Investment Overview
Presenting an investment gem in the heart of Silicon Valley, San Jose, CA. This 20-unit apartment building offers a lucrative opportunity for savvy investors seeking both immediate returns and long-term appreciation in one of the nation's most dynamic real estate markets. Situated in the thriving city of San Jose, this property benefits from its proximity to major tech hubs, corporate headquarters, and a vibrant local economy. With easy access to major highways and public transportation, tenants enjoy convenience and connectivity. San Jose consistently ranks among the top rental markets in the nation. Demand for quality housing is high, driven by the city's robust job market, prestigious educational institutions, and a continuous influx of professionals seeking the Silicon Valley lifestyle. The property boasts a desirable unit mix consisting of thirteen two bedroom one baths and seven one bedroom on baths appealing to a broad tenant demographic. The diverse offerings cater to the varying needs of the local rental market. The current cap rate is very competitive with all on market comparable as well as all sales comparable in San Jose, CA for the past few years. Smart investors recognize the value-add potential in this property. There is an opportunity to enhance rental income through strategic renovations, modernization, and the implementation of premium amenities to meet the evolving preferences of tenants. The current occupancy rate and historically strong rental performance ensure a stable and consistent cash flow. With competitive market rents and a proven track record, this investment promises a reliable income stream. This 20-unit apartment building in San Jose, CA, represents a rare investment opportunity in a city that epitomizes innovation and economic growth. With its strategic location, diverse unit mix, value-add potential, and strong rental market fundamentals, this property is poised to deliver impressive returns for discerning investors. Don't miss the chance to be part of the Silicon Valley success story – seize this investment opportunity today.