2710-2718 Kollmar Dr - Apartments FOR SALE


San Jose, CA 95127- Ryan
$15,900,000 USD
408-375-2713
2710-2718 Kollmar Dr, San Jose, CA for Sale
$15,900,000 USD
Apartments - FOR SALE
1/15
null | 5.94% Cap Rate

2710-2718 Kollmar Dr
San Jose, CA 95127
Ryan


HIGHLIGHTS

  • Easy commute to high tech quality Bay Area jobs
  • Convenient to shopping, amenities,and highways ( I-680, I-280, Fwy 101, 880/17 State Route 85 & 87 )
  • Superior Education Opportunities, Grade Schools, College, and University.

OVERVIEW

This multi-family home is located at 2710-2718 Kollmar Dr San Jose CA and in ZIP code 95127. The 42 Multifamily unit investment comprised of 41 all 2 bedroom, 1 bath, 600 square feet and 1 Studio, 300 square feet. Owners have spent over $300,000 on repairs work, roofing, landscaping, floorings, plumbing, and renovations. This property is located just minutes from major freeways (I-680,280, 101,87,& 85), Shopping Mall, Transportation/light Rail, Bart, College & University, and downtown San Jose of which is in the middle of a revitalized downtown area and complete restaurants, shops & movie theater and work in progress Light Rail! Property has great potential for any commuters, etc. This is an ideal opportunity for an owner/user or an investor to purchase a well-located apartment property with income upside realized through unit renovation and allowable rent increases.

FOR SALE DETAILS

PRICE

$15,900,000 USD

PRICE/SF

$587 USD /SF

# OF UNITS

42

PRICE/UNIT

$378,571

CAP RATE

5.94%

% 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

1960

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

R3

APN/PARCEL ID

488-01-004,488-01-005,488-01-006,488-01-007

ASK ABOUT THIS PROPERTY

Tessie FigueroaK&K HomesMore Info
408-375-2713

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Tessie FigueroaK&K HomesMore Info
408-375-2713

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