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990-992 Gale Drive, Campbell CA 95008 992 Gale Dr 2 Unit Apartment Building $2,350,250 CAD ($1,175,125 CAD/Unit) 3.18% Cap Rate Campbell, CA 95008
INVESTMENT HIGHLIGHTS
- Remodeled Unit
- Great Campbell Location
- Large Lot Size on cul-de-sac
EXECUTIVE SUMMARY
CAMPBELL DUPLEX, PHENOMENAL INVESTMENT! This property offers 2 units each providing 3 bedrooms, 2 bathrooms, indoor laundry and 1 car garages located in a cul-de-sac. The exterior has been freshly painted, with a unique Spanish style tile mural that has been kept intact. You will find one updated unit ready to move right in! Enjoy the newly installed laminate flooring throughout, lighting freshly painted interior and a completely updated kitchen. The kitchen features brand cabinets, countertops, deep sink and stainless steel oven, hood over range and refrigerator that continues to the laundry area with new cabinets installed for this is such a great opportunity to own one and rent one! The second unit is currently rented out. Don't miss this exceptional opportunity!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$109,826
|
$43.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$109,826
|
$43.36
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,908
|
$13.78
|
| Net Operating Income |
$74,918
|
$29.58
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $109,826 |
| Annual Per SF | $43.36 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $109,826 |
| Annual Per SF | $43.36 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,908 |
| Annual Per SF | $13.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $74,918 |
| Annual Per SF | $29.58 |
PROPERTY FACTS
| Price | $2,350,250 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,175,125 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 3.18% | Building Size | 2,533 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 50% |
| Gross Rent Multiplier | 21.4 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1968 |
| Property Type | Multifamily | Parking Ratio | 0.79/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R-D | ||
| Price | $2,350,250 CAD |
| Price Per Unit | $1,175,125 CAD |
| Sale Type | Investment |
| Cap Rate | 3.18% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 21.4 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,533 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | R-D |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Fireplace
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Breakfast Nook
- Family Room
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 990 | $5,254 CAD | 1,266 |
| 3+2 | 992 | $3,940 CAD | 1,266 |
1 1
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 307-41-029 | Improvements Assessment | $448,565 CAD |
| Land Assessment | $897,148 CAD | Total Assessment | $1,345,713 CAD |
PROPERTY TAXES
Parcel Number
307-41-029
Land Assessment
$897,148 CAD
Improvements Assessment
$448,565 CAD
Total Assessment
$1,345,713 CAD
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990-992 Gale Drive, Campbell CA 95008 | 992 Gale Dr
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