7810 Hanna St - Apartments FOR SALE


Gilroy, CA 95020
$1,699,000 USD
408-406-6000
7810 Hanna St, Gilroy, CA for Sale
$1,699,000 USD
Apartments - FOR SALE
1/17
null | 4.75% Cap Rate

7810 Hanna St
Gilroy, CA 95020


OVERVIEW

Charming Six-Unit Apartment Complex in prime Gilroy location! This well-maintained six-unit apartment complex offers a blend of comfortable living and convenient access to all that Gilroy has to offer. Built in 1958, this property presents a solid foundation for steady rental income with potential for future value appreciation. The complex features six one-bedroom, one-bathroom units, catering to a wide range of tenants. Three units are located upstairs with lots of sunlight capturing windows, providing a unique and spacious feel. The other three units are conveniently situated on the ground floor, offering residents direct access to a well-maintained and manicured lawn. On-site laundry facilities, equipped with a washer and dryer, provide added convenience for residents. All units feature similar layouts with a living room, kitchen, and bathroom equipped with a standard tub and shower. Six assigned carport spaces are available at the rear of the building, supplemented by ample street parking. Daily conveniences with Safeway, Starbucks, CVS, Wells Fargo, Anytime Fitness, and Gilroy Gardens all nearby. This property offers a fantastic opportunity for both seasoned and first-time investors looking to capitalize on Gilroy's growing rental market.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$528 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,167

CAP RATE

4.75%

% 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

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3

APN/PARCEL ID

799-02-003

ASK ABOUT THIS PROPERTY

Scott MurrayIntero Real Estate ServicesMore Info
408-406-6000

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Scott MurrayIntero Real Estate ServicesMore Info
408-406-6000

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