7001 Eigleberry St - Apartments FOR SALE


Gilroy, CA 95020
$3,000,000 USD
408-892-2128
7001 Eigleberry St, Gilroy, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/13
null | 4.9% Cap Rate

7001 Eigleberry St
Gilroy, CA 95020


HIGHLIGHTS

  • Owner built 7-Plex
  • 6 units re-built in 2001
  • Pride of Ownership

OVERVIEW

The most desired Apartment Complex in Gilroy! This Owner built 7-Plex is one of a kind and exudes Pride of Ownership. Located at 7001 Eigleberry and 10th Street. Directly across from 7/11. This investment opportunity won't last! There are 6 two-bedroom units and 1 large one-bedroom unit. Each unit is meticulously maintained. The kitchen is equipped with an electric stove, refrigerator, microwave, dishwasher, garbage disposal and pantry. There is a gas wall furnace and an air conditioner in the wall in each unit. The laundry room has a coin-operated washer and dryer. The owner has installed extensive camera coverage, so you can stay in touch with what is happening at the complex. The grounds are manicured each week. The biggest benefit of this purchase: The owner has competed the SB 721 Balcony Inspection and has finished all reconstruction with permits for the next 6 years. This is the investment opportunity of a lifetime!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

7

PRICE/UNIT

$428,571

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,376 SF

ZONING

R3

APN/PARCEL ID

799-11-025

ASK ABOUT THIS PROPERTY

Jodi BarrJ. Barr Realty, Inc.More Info
408-892-2128

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

Jodi BarrJ. Barr Realty, Inc.More Info
408-892-2128

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