5390 Carryback Ave - Apartments FOR SALE


San Jose, CA 95111- Edenvale
$5,750,000 USD
408-966-5919
5390 Carryback Ave, San Jose, CA for Sale
$5,750,000 USD
Apartments - FOR SALE
1/24
null | 5.62% Cap Rate

5390 Carryback Ave
San Jose, CA 95111
Edenvale


HIGHLIGHTS

  • 100% Leased 14 Unit Apartment Complex For Sale
  • 3 Separate Buildings on a Single 27,500 SF Parcel
  • Desirable Unit Mix - Two 3 BD/2 BTH Units, Ten 2 BD/1 BTH Units, & Two 2 BD/1BTH Townhome Units
  • Covered Car-Port Parking
  • Oak Grove School District, Edenvale Elementary School, Davis Intermediate School, and Oak Grove High School
  • Large 27,500 SF Corner Lot

OVERVIEW

- 5390 Carryback Ave, San Jose is a fully leased 14-unit apartment building which consists of 3 separate buildings on a single 27,500 square foot parcel. - Desirable Unit Mix - Two (2) 3 Bedroom/2 Bathroom Units, Ten (10) 2 Bedroom/1 Bathroom units, and Two (2 Bedroom/1Bathroom Townhome units) - Large corner lot - The property was built in 1980. - Covered Car-Port Parking. - The property is in the Oak Grove School District, Edenvale Elementary School, Davis Intermediate School, and Oak Grove High School. - The property is located off Monterey Road, near Blossom Hill Road and Highway 101. - The property is in the (R-M) Multiple Residence District Zoning designation and in the (RN) Residential Neighborhood general plan designation. - Average Household income of $116,000 in a 1-mile radius from the property.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

14

PRICE/UNIT

$410,714

CAP RATE

5.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased-14 Unit Apartment Bldg. For Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,499 SF

ZONING

R-M

APN/PARCEL ID

684-38-075

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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