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Attractive court-yard style complex, walking distance to Santana Row. Value-add opportunity. Rents are well-below market. Tremendous upside potential. Market GRM: 13.57 and Market Cap Rate: 5.12%. Dual paned windows, well-maintained. Neighboring 24-unit building located on adjacent street (2991-3001 Magliocco Drive) also available for sale. Great opportunity to acquire 36 units on 3 separate parcels. Outstanding fixed financing available.
LAST UPDATED | 11/26/2023 | YEAR BUILT | 1961 |
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COUNTY | Santa Clara | STATUS | Sold |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
HEAT | Natural Gas |
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LOT | 0.2622 acre(s) |
LOT DIMENSIONS | 11423.00 |
SEWER | Public Sewer |
WATER | Public |
TOTAL MONTHLY PAYMENT
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