1500 S White Rd - Apartments FOR SALE


San Jose, CA 95127- Mt Pleasant South
$5,500,000 USD
650-576-8294
1500 S White Rd, San Jose, CA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/9
null | 5.02% Cap Rate

1500 S White Rd
San Jose, CA 95127
Mt Pleasant South


HIGHLIGHTS

  • 22-Unit Value-Add Opportunity: Upside potential through unit upgrades and rent growth.
  • Prime East San Jose Location: Near top tech employers, schools, and within walking distance of shopping, dining, and medical services.
  • 100% Occupied & Stable Cash Flow: Fully leased with strong tenant demand.
  • Convenient Parking: 23 tuck-under spaces.
  • Excellent Transit & Highway Access: Near VTA bus lines, Hwy 101, 680, and 280.

OVERVIEW

Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath - Exterior Elevated Elements Inspected Nov. 2024 - 22-Unit Value-Add Opportunity – Upside potential through unit upgrades and rent growth. - Prime East San Jose Location – Near top tech employers, schools, and within walking distance of shopping, dining, and medical services. - 100% Occupied & Stable Cash Flow – Fully leased with strong tenant demand. - Convenient Parking – 23 tuck-under spaces. - Excellent Transit & Highway Access – Near VTA bus lines, Hwy 101, 680, and 280. - High Traffic Exposure – 27,550 VPD on S White Road for strong visibility. - Close to Recreation – 1.2 miles from Lake Cunningham Park’s trails and activities.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

22

PRICE/UNIT

$250,000

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Foothill Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C1H

APN/PARCEL ID

647-12-038

ASK ABOUT THIS PROPERTY

Rachel IversCompass CommercialMore Info
650-576-8294

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Rachel IversCompass CommercialMore Info
650-576-8294

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