Rare Rose Garden Investment Opportunity! Attractive courtyard style complex. Newer dual paned windows, exterior paint and roof. Drought tolerant landscaping. Unit Mix: (2) Studio, (9) 1+1, (1) 2+1, (1) 2+1 Owners Unit. Some of the units have been upgraded. Below market rents - upside potential. Market GRM: 12.86 / Market Cap Rate: 5.59%. Ideal 1031 exchange opportunity; Seller is willing to wait for buyer to sell downleg property. Prime Rental Location - convenient to Highways 880 & 101, short walk to parks and schools. Minutes to Downtown San Jose, San Jose State University and Santa Clara University.
Listing courtesy of Justin Bautista from Newmark Cornish & Carey. 650-996-9384Selling Office: DYNA8.
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