127 Rancho Dr - Apartments FOR SALE


San Jose, CA 95111- Rancho S San Jose
$11,490,000 USD
650-546-1030
127 Rancho Dr, San Jose, CA for Sale
$11,490,000 USD
Apartments - FOR SALE
1/45
null | 5.08% Cap Rate

127 Rancho Dr
San Jose, CA 95111
Rancho S San Jose


OVERVIEW

Marcus & Millichap is pleased to present Rancho Vista Apartments, a well-maintained 1990-built asset in San Jose, exempt from the city's rent control ordinance. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, updated bathroom vanities, and new dual-pane windows and sliders. The property's modern construction offers desirable features such as private balconies or patios and dedicated parking for every unit. The complex also features three newly constructed laundry facilities, and is fully SB-721 compliant. Set on a generous 1.08 acre-parcel, Rancho Vista offers residents exceptional privacy, generous open space, and a true condo-quality living experience in the heart of the Silicon Valley. Please reach out to listing agents for OM, due diligence, and tour times.

FOR SALE DETAILS

PRICE

$11,490,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

30

PRICE/UNIT

$383,000

CAP RATE

5.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rancho Verde Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,263 SF

ZONING

R4H, San Jose

APN/PARCEL ID

497-07-023

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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Eymon BineshMarcus & MillichapMore Info
650-546-1030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.