95050
Price: $2,398,000
GRM: 13.78
6-Unit Multifamily
Cap Rate: 5.1%
Building: 3,850 SF
Occupancy: 100%
Extremely high demand and ideal unit mix
with 100% occupancy and very low vacancies
Professionally managed and very well maintained,
with major infrastructure and systems replaced in
2014 with permits, leading to minimal expenses.
Located in the heart of Silicon Valley:
Santa Clara University – 4 minutes drive
Nvidia HQ – 7 minutes drive
San Jose Airport – 9 minutes drive
Downtown San Jose – 12 minutes
Experience improving returns. Rents are currently
~16% below market. Demand for 1 bedroom and 2
bedroom units in Santa Clara continue to soar as
Nvidia and other technology companies invest in
Santa Clara.
Avg household income within 1 mile: $147,253
Avg household income within 2 miles: $154,507
Avg household income within 3 miles: $157,100
Please fill out the form for more information and the offering memorandum
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