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    939 Villa Avenue

    San Jose, CA 95126
    • $5,980,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 513036
    UPDATED: 58 min ago
    $5,980,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,243
      SQFT
    • $532
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Villa Rose Garden apartment complex is well managed with a warm welcoming facade and nicely updated units (10 units out of 16 total). It consists of two 8 unit buildings which can be sold together or individually. The complex is located in a quiet and mostly single-family residential neighborhood community in the Rose Garden Area of San Jose. There are multiple freeway accesses in the immediate vicinity. It is for sale at an excellent Scheduled Cap Rate of 3.63% and 15.48 GRM. All tenants paid rent despite the COVID 19 pandemic. This is an easy to manage investment with strong appreciation potential and excellent current cash flow.

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    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-04-18T16:20:12.03.
    www.sfhothomes.com/homes/113534147
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    939 Villa Avenue San Jose, CA 95126

    • Price: $5,980,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 513036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,243
    SQFT
    $532
    $/SQFT
    1966
    Built
    Neighborhood:
    Central San Jose
    County:
    Santa Clara
    Area:
    Central San Jose
    Property Description
    Villa Rose Garden apartment complex is well managed with a warm welcoming facade and nicely updated units (10 units out of 16 total). It consists of two 8 unit buildings which can be sold together or individually. The complex is located in a quiet and mostly single-family residential neighborhood community in the Rose Garden Area of San Jose. There are multiple freeway accesses in the immediate vicinity. It is for sale at an excellent Scheduled Cap Rate of 3.63% and 15.48 GRM. All tenants paid rent despite the COVID 19 pandemic. This is an easy to manage investment with strong appreciation potential and excellent current cash flow.
    Exterior Features

    Independent Parking Spaces 0 Lot Features Landscape FrontShape Regular Parking Features AttachedCarportGarageSide-By-Side Parking Total 18 Tandem Parking Spaces 0

    Interior Features

    Rooms Total 16 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 11 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 4 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

    Property Features

    Cap Rate 3.63 Number Of Units Vacant 4 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 1 Unit Type1 Bedroom Units Total 11 Unit Type2 Bedroom Units Total 4 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit1 Type Apartment Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

    Listing provided courtesy of Eric Chin of Coldwell Banker Realty.


    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-04-18T16:20:12.03.
     
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