3136 Cadillac Dr - Apartments FOR SALE


San Jose, CA 95117- Colonial
$4,745,680 USD
650-492-0934
3136 Cadillac Dr, San Jose, CA for Sale
$4,745,680 USD
Apartments - FOR SALE
1/16
null | 5.37% Cap Rate

3136 Cadillac Dr
San Jose, CA 95117
Colonial


HIGHLIGHTS

  • Well-Situated San Jose Multifamily Investment Opportunity
  • Prestigious Campbell School District
  • Prime West San Jose Location
  • Proximity to Essential Amenities

OVERVIEW

3136 & 3144 Cadillac Dr is an exceptional 16-unit apartment community situated in the thriving West San Jose area, immediately adjacent to Campbell. Situated on two contiguous parcels of land totaling 18,144 square feet, the subject property was originally constructed in 1960 and has a gross building area of approximately 10,968 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient amenities such as private parking and a shared laundry facility. The property is also located within half an hour of many distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime San Jose location featuring convenient access to Santana Row (1.8 miles) and walking distance to Downtown Campbell (0.7 miles), both home to a myriad of high-end shopping, dining, and entertainment options. As part of Silicon Valley, this location offers renters close proximity to many of the nation’s top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The subject property also provides tenants and residents convenient access to San Jose State University and Downtown San Jose. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 3136 & 3144 Cadillac Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$4,745,680 USD

PRICE/SF

$865 USD /SF

# OF UNITS

16

PRICE/UNIT

$296,605

CAP RATE

5.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3136 & 3144 Cadillac Dr, San Jose, CA 95117

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,144 SF

ZONING

R3, San Jose

APN/PARCEL ID

305-03-012,305-03-013

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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Adam LevinLevin JohnstonMore Info
650-492-0934

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