580 Stoney Ct - Apartments FOR SALE


Gilroy, CA 95020
$3,575,000 USD
408-985-9666
580 Stoney Ct, Gilroy, CA for Sale
$3,575,000 USD
Apartments - FOR SALE
1/9
null | 6.04% Cap Rate

580 Stoney Ct
Gilroy, CA 95020


HIGHLIGHTS

  • Quiet are off E. 6th street, Gilroy

OVERVIEW

Finally, an income property hath has been taken care of and then makes sense for an investor. Well maintained over the years. Tenants are long term with some over 20 years. That tells you alot ;about the owners!! All two bedroom one bath. At the end of the court makes for very little traffic and keeps the neighborhood noise to a minimum. The units are very clean and neat this is definitely what investment properties should look like...Pride of Ownership. Please, make offer subject to inspection and do not bother the tenants. This is a great cap rate, using the property tax on sales price. Another GREAT FEATURE is each unit has their own hot water heater, which means owner does not pay to heat their water!!Thank you!

FOR SALE DETAILS

PRICE

$3,575,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

11

PRICE/UNIT

$325,000

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

R3

APN/PARCEL ID

841-10-054

ASK ABOUT THIS PROPERTY

Tom AntonopoulosReal Property InvestmentsMore Info
408-985-9666

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Tom AntonopoulosReal Property InvestmentsMore Info
408-985-9666

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