7191 Eigleberry St - Apartments FOR SALE


Gilroy, CA 95020
$2,895,000 USD
408-839-1072
7191 Eigleberry St, Gilroy, CA for Sale
$2,895,000 USD
Apartments - FOR SALE
1/28
null | 5.24% Cap Rate

7191 Eigleberry St
Gilroy, CA 95020


HIGHLIGHTS

  • Built in 1980 with Stucco exterior
  • Excellent location to commute routes, train station, public transportation
  • Near city offices, police station
  • Low maintenance
  • Fully rented

OVERVIEW

Excellent opportunity to own a money-making building in the heart of Gilroy, the new destination for Silicon Valley residents as it's still affordable living! Look at the numbers and income, built in 1980! Easy to manage building with 6 townhouse styles 2br/1.5bath units and 2-1br/1bath upstairs units. Owner has taken pride in keeping the building in great shape. Some units have had recent updates in kitchens, bathrooms, flooring, units with double pane energy efficient windows. Units have wall a/c units, garages and cover carport plus open parking spaces. Each unit has own electric water heater and one electric water heater in common laundry room. Beautiful courtyard setting and coin-operated washer/dryer laundry-room. Nearby VTA/Caltrain station, downtown Gilroy, city offices/Civic Center, library and police station and commute routes. Nice wide street with mix of apartments and single-family homes. This property is like no other on the market and has been priced to make sense for investors. Make this the next building in your portfolio!

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

8

PRICE/UNIT

$361,875

CAP RATE

5.24%

% 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

14

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R3, Gilroy

APN/PARCEL ID

799-10-051

ASK ABOUT THIS PROPERTY

David VerberaRealty World Villa CaliforniaMore Info
408-839-1072

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David VerberaRealty World Villa CaliforniaMore Info
408-839-1072

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