6 High-Quality, Pride-Of-Ownership Units in Alum Rock /San Jose Area.
First Time on Market in 30+ Years/Generational Asset.
4 of 6 Units Have Been Renovated With Updated Kitchens and Bathrooms.
Strong Historical Tenancy: Easy to Lease & Easy to Manage w/ Reliable Cashflow and Rental Upside.
CAP Rate: Current: 4.68%. Market: 6.52%. GRM: Current: 12.2; Market: 9.9.
Shared Courtyard Between 2 Parcels w/ 2 Driveways to Access Parking Spaces.
2 Units to Be Delivered Vacant - Market Rent is $2,200/Month
Easy to Manage Units with Low Tenant Turnover.
Consistently Strong Rents. Steady Cashflow.
Capital Improvements: Dual-Pane Windows, Sliding Doors, New Water Heaters, and More. Proven, Consistent Income-Generator, Providing Strong Cashflow with Low Vacancies and Turnovers.
Excellent, Convenient, Cul-de-Sac Location Near HWY 680 & 101, Convenient Access to SJC Airport & Major Silicon Valley Employers. Major Technology Employers: NVIDIA, Adobe, Apple, Cisco, PayPal.
PLEASE DO NOT DISTURB TENANTS.