565 Saratoga Ave - Apartments FOR SALE


Santa Clara, CA 95050
$5,200,000 USD
650-274-5227
565 Saratoga Ave, Santa Clara, CA for Sale
$5,200,000 USD
Apartments - FOR SALE
1/21
null | 3.82% Cap Rate

565 Saratoga Ave
Santa Clara, CA 95050


HIGHLIGHTS

  • Tour of representative units Weds. 11/20 from 10 am to Noon
  • Contact Brian and Bryan for link to full disclosure package

OVERVIEW

Fantastic location within the heart of Silicon Valley. Close proximity to top high tech sector employers and near prestigious Santa Clara University. (14) one-bedroom one-bath units and (2) two-bedroom one-bath units with balconies, patios, dishwashers, LVT flooring, and built in wall-mounted air conditioning. Square D 400 AMP main panel with underground service and Square D or Siemens sub panels in units (not in closets). Excellent unit layouts with many recent renovations. Private courtyard with gated secure pool. Below market rents offer immediate upside in rental income. Large oversized rec room and laundry room and carports provide logical ADU potential. Assumable loan at 3.74%

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

16

PRICE/UNIT

$325,000

CAP RATE

3.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Saratoga Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,094 SF

ZONING

R325, Santa Clara

APN/PARCEL ID

269-39-102

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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