Log In/Sign Up
Your email has been sent.
164 E Reed St 8 Unit Apartment Building $2,540,587 CAD ($317,573 CAD/Unit) 5.26% Cap Rate San Jose, CA 95112
Executive Summary
NO Onsite Manager Needed
Water is master metered and paid by Landlord
Garbage/Sewer is paid by Landlord (under utilities)
8 1 Bedroom Apartments above Covered Parking
Individually Metered Electricity- Tenants pay Internet/Cable, etc.
Excellent Rental History - Below Market Rents - Historically Low Turn-Over
Water is master metered and paid by Landlord
Garbage/Sewer is paid by Landlord (under utilities)
8 1 Bedroom Apartments above Covered Parking
Individually Metered Electricity- Tenants pay Internet/Cable, etc.
Excellent Rental History - Below Market Rents - Historically Low Turn-Over
Property Facts
| Price | $2,540,587 CAD | Building Class | C |
| Price Per Unit | $317,573 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 5,353 SF |
| Cap Rate | 5.26% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.71 | No. Stories | 3 |
| No. Units | 8 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 1.49/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | CG | ||
| Price | $2,540,587 CAD |
| Price Per Unit | $317,573 CAD |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| Gross Rent Multiplier | 15.71 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,353 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.49/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CG |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 472-27-061 | Improvements Assessment | $152,861 CAD |
| Land Assessment | $91,048 CAD | Total Assessment | $243,908 CAD |
Property Taxes
Parcel Number
472-27-061
Land Assessment
$91,048 CAD
Improvements Assessment
$152,861 CAD
Total Assessment
$243,908 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
164 E Reed St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.