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Faits saillants de l'investissement
- 27 private bedrooms one block from San Jose State University
- Major 2012-2013 remodel, including new roof, HVAC, plumbing & electrical
- Nearly the entire rent roll is upside: 5 month-to-month tenancies
- ±15,190 SF building on an 18,560 SF lot, the largest on the block
- Commercial & residential kitchens, large common room & interior courtyard
- Minutes to I-280, US-101 & Downtown San Jose
Résumé de l'annonce
Borelli Investment Company is pleased to present 168 S 11th Street, a ±15,190 SF residence hall on an 18,560 SF lot, the largest on its block, located one block east of the San Jose State University campus. For many years the building served as the Kappa Sigma fraternity house at San Jose State, and it offers 27 private bedrooms supported by common areas that include a commercial kitchen, a residential kitchen, a large common room, numerous restrooms (several with multiple showers), an interior courtyard, and a basement.
Originally constructed in 1961, the building underwent a major remodel in 2012-2013 that took the first floor down to the studs and fully rebuilt the second story, along with a new roof, HVAC, plumbing, and electrical, among other improvements. With the major building systems already addressed, a buyer can direct capital toward interior finishes and room upgrades rather than base-building work.
San Jose State enrolled nearly 40,000 students in fall 2025, the largest total in its history, and more than 80% of its students live off campus. With nearly the entire rent roll available (five month-to-month tenancies in place today), a buyer can execute immediately: re-tenant the 27 existing bedrooms on the student lease cycle, convert a portion of the common area into additional bedrooms, or occupy the building for university or institutional use. The improvements also lend themselves to senior living or affordable and supportive housing.
Originally constructed in 1961, the building underwent a major remodel in 2012-2013 that took the first floor down to the studs and fully rebuilt the second story, along with a new roof, HVAC, plumbing, and electrical, among other improvements. With the major building systems already addressed, a buyer can direct capital toward interior finishes and room upgrades rather than base-building work.
San Jose State enrolled nearly 40,000 students in fall 2025, the largest total in its history, and more than 80% of its students live off campus. With nearly the entire rent roll available (five month-to-month tenancies in place today), a buyer can execute immediately: re-tenant the 27 existing bedrooms on the student lease cycle, convert a portion of the common area into additional bedrooms, or occupy the building for university or institutional use. The improvements also lend themselves to senior living or affordable and supportive housing.
Faits sur la propriété
| Prix | 5 568 240 $ CAD | Taille du lot | 0,43 AC |
| Prix par pi² | 366,57 $ CAD | Taille du bâtiment | 15 190 pi² |
| Type de propriété | Spécialité | Nombre d’étages | 2 |
| Sous-type de propriété | Maison de sororité/fraternité | Année de construction | 1961 |
| Classe d’immeuble | C | Ratio de stationnement | 0,66/1 000 pi² |
| Zonage | R-M | ||
| Prix | 5 568 240 $ CAD |
| Prix par pi² | 366,57 $ CAD |
| Type de propriété | Spécialité |
| Sous-type de propriété | Maison de sororité/fraternité |
| Classe d’immeuble | C |
| Taille du lot | 0,43 AC |
| Taille du bâtiment | 15 190 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1961 |
| Ratio de stationnement | 0,66/1 000 pi² |
| Zonage | R-M |
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Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
70/100
Très accessible en vélo
80/100
Impôts fonciers
| Numéro de lot | 467-26-094 | Évaluation des bâtiments | 865 969 $ CAD |
| Évaluation du terrain | 772 716 $ CAD | Évaluation totale | 1 638 684 $ CAD |
Impôts fonciers
Numéro de lot
467-26-094
Évaluation du terrain
772 716 $ CAD
Évaluation des bâtiments
865 969 $ CAD
Évaluation totale
1 638 684 $ CAD
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168 S 11th St
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