Veridian on 4th 402 S 4th St 19 Unit Apartment Building $8,492,202 CAD ($446,958 CAD/Unit) 5.10% Cap Rate San Jose, CA 95112

Veridian on 4th is a 19 unit apartment community ideally located approximately ±100 feet from San José State University, offering an exceptional downtown San Jose setting with immediate access to a strong and consistent tenant base. The property features a highly desirable unit mix of eighteen 2 bedroom 1 bathroom units and one studio unit, providing functional layouts that cater to students, roommates, and young professionals while supporting strong and consistent rental demand.
Located essentially across the street from San José State University, residents benefit from immediate proximity to campus, while also enjoying a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with convenient access to a diverse selection of dining, retail, nightlife, and entertainment options. The property is also approximately two miles from Diridon Station, offering connectivity to Caltrain, ACE, and future BART service, enhancing its appeal for commuters.
Surrounded by Silicon Valley’s leading tech employers and supported by the demand drivers of San José State University, Veridian on 4th is well positioned to attract renters seeking both accessibility to employment centers and the benefits of urban living, making it a compelling long term investment opportunity.