502 N 18th Street

San Jose, CA 95112

About this property

Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square feet. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM

About this property

Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square feet. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM

Features and Additional Information

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$1,900,000 Active
4,308 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Marcus & Millichap
1-650-391-1700
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Area Information

699 Not Defined | Santa Clara County |

$ 1,900,000
This listing is play_arrow 140.5% higher than the average in the area
$ 790,000 in the area
4,308 SqFt
This listing is play_arrow 397.5% larger than the average in the area
866 SqFt in the area
$ 441 $/SqFt
This listing is play_arrow 51.7% less than the average in the area
$ 912 $/SqFt in the area
78 days on site
This listing is play_arrow 75.2% below the average in the area
315 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Michael Henshaw
Brokerage: Marcus & Millichap

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