4567-4575 Hamilton Ave - Apartments FOR SALE


San Jose, CA 95130- Hathaway
$6,250,000 USD
510-387-7049
4567-4575 Hamilton Ave, San Jose, CA for Sale
$6,250,000 USD
Apartments - FOR SALE
1/12
null | 4.01% Cap Rate

4567-4575 Hamilton Ave
San Jose, CA 95130
Hathaway


HIGHLIGHTS

  • Prime West San Jose Location
  • Desirable Unit Mix of 1-2-3 bedroom units catering to a range of tenants
  • Recent Improvements Include New Exterior Paint, SB721 Compliance, and Upgraded Mailboxes
  • On-site Laundry, Dedicated Parking, and Ample-Sized Courtyard for Residents
  • Strong Rental Market Next to Great School Districts and Tech Employment Centers

OVERVIEW

Kidder Mathews is pleased to present Parkview Apartments, a well-maintained twenty-unit apartment community located in West San Jose. This presents a compelling investment opportunity supported by Silicon Valley’s strong employment base and proximity to top-rated school districts. Originally built in 1963, the property consists of 15,209 gross rentable square feet (per county assessor) situated on a 21,000 square foot lot. The unit mix features ten (10) one-bedroom/one-bathroom units, eight (8) two-bedroom/one-bathroom units, one (1) two-bedroom/two-bathroom units, and one (1) three-bedroom/two-bathroom units. Ideally located a block from Westgate Center, Parkview Apartments sits near the borders of Campbell and Saratoga. The property is located near major tech employers and education institutions. 4567-4575 Hamilton Avenue offers investors a rare opportunity to acquire an asset in one of the nation’s most supply-constrained and strongest rental markets.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$411 USD /SF

# OF UNITS

20

PRICE/UNIT

$312,500

CAP RATE

4.01%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,996 SF

ZONING

R3, San Jose

APN/PARCEL ID

307-04-067

ASK ABOUT THIS PROPERTY

Louis KwokKidder MathewsMore Info
510-387-7049

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Louis KwokKidder MathewsMore Info
510-387-7049

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