This Property is no longer advertised on Showcase.com.
Off Market
1/17

431 S 11th St
San Jose, CA 95112


HIGHLIGHTS

  • Located near State University, convenient transportation and shopping
  • The bathroom is fully updated, the new heater, the stove head, the exterior wall and the garage are fully painted
  • For potential buyers looking for 1031 projects, the Cap Rate reaches 5.0%
  • A transferable bank loan of $1.3 million with interest rates as low as 5.15% is available.

OVERVIEW

A 2-story apartment building conveniently located near San Jose State University. At present, the owner is in management by himself, and the operation is in good condition. Recently, the exterior walls, stairs and garage of the apartment have been fully painted, all the toilets, basin cabinets, faucets, shower heads and bathtub drops have been replaced, and new wall heaters and electric cooktops have been replaced. At present, the rent is full, the annual rental income is about $200,000, the CPA is 5.0%, you can apply for bank loans. Interested customers can contact the owner directly, can send email or text, avoid phone contact. No brokers. Thank you for your cooperation

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

6248

STORIES

2

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

467-49-026