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7131 & &151 Church St 2 Multifamily Properties Offered at $7,636,860 CAD in Gilroy, CA
INVESTMENT HIGHLIGHTS
- Prime location in the heart of Gilroy, CA, offering easy accessibility to the Bay Area and top employers.
- Desirable Unit Mix: 1-bedroom/1-bath, 2-bedroom/1-bath, and 2-bedroom/1.5-bath floor plans, with market rents ranging from $2,200 - $2,900
- See offering memorandum for more information
- Spacious Building Area Gross building area is approximately 14,780 square feet, with beautifully designed two-bedroom and one-bedroom floor plans.
- Access to Major Transportation Corridors The property offers convenient access to Highway 101, CA-25, and CA-152
- Call listing brokers for more information
EXECUTIVE SUMMARY
7131 & 7151 Church St is a prime 19-unit apartment community located in the heart of Gilroy, CA.
Situated on two contiguous parcels totaling 0.59 acres, the subject property was originally constructed in 1980 and has a gross building area of approximately 14,780 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient community amenities such as private tuck-under parking and an on-site laundry facility.
7131 & 7151 Church St is located just 2.2 Miles from The Premium Gilroy Outlets, right off Highway 101. The Premium Gilroy Outlets house 145 different outlet stores, attracting savvy shoppers and tourists from all over the Bay Area. The subject property is also walking distance from the Town Plaza Shopping Center, home to a myriad of dining, shopping, and entertainment. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, both racking in visitors from all over the US.
7131 & 7151 Church St also benefits from convenient access to major transportation corridors including Highway 101, CA-25 and CA-152. Gilroy’s close proximity to these fundamental roads offers South Bay Area commuters a quick connection to Watsonville, Salinas, and Monterey areas.
The investment appeal of this asset is driven by Gilroy’s strong employment fundamentals, and low vacancy levels. With a world class location in the heart Gilroy, 7131 & 7151 Church St presents an attractive investment opportunity for investors due to its easy accessibility to the Bay Area and the nation’s top employers within it.
Situated on two contiguous parcels totaling 0.59 acres, the subject property was originally constructed in 1980 and has a gross building area of approximately 14,780 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient community amenities such as private tuck-under parking and an on-site laundry facility.
7131 & 7151 Church St is located just 2.2 Miles from The Premium Gilroy Outlets, right off Highway 101. The Premium Gilroy Outlets house 145 different outlet stores, attracting savvy shoppers and tourists from all over the Bay Area. The subject property is also walking distance from the Town Plaza Shopping Center, home to a myriad of dining, shopping, and entertainment. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, both racking in visitors from all over the US.
7131 & 7151 Church St also benefits from convenient access to major transportation corridors including Highway 101, CA-25 and CA-152. Gilroy’s close proximity to these fundamental roads offers South Bay Area commuters a quick connection to Watsonville, Salinas, and Monterey areas.
The investment appeal of this asset is driven by Gilroy’s strong employment fundamentals, and low vacancy levels. With a world class location in the heart Gilroy, 7131 & 7151 Church St presents an attractive investment opportunity for investors due to its easy accessibility to the Bay Area and the nation’s top employers within it.
PROPERTY FACTS
| Price | $7,636,860 CAD | Status | Active |
| Price / SF | $516.70 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.31% | Total Building Size | 14,780 SF |
| Sale Type | Investment | Total Land Area | 0.59 AC |
| Price | $7,636,860 CAD |
| Price / SF | $516.70 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.31% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,780 SF |
| Total Land Area | 0.59 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7151 Church St, Gilroy, CA 95020 | Multifamily | 8,486 SF | 1980 | - |
| 7131 Church St, Gilroy, CA 95020 | Multifamily | 6,294 SF | 1982 | - |
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7131 & &151 Church St
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