Kollmar

San Jose San Jose, CA, 95127
For Lease $4,600,000/mo.
  • 10,416sqft
  • 15,000sf lot
Listing agent:
Mitchell Zurich
Marcus & Millichap
The Zurich Group of Marcus & Millichap is please to present 2748 Kollmar Drive, a 16-unit apartment complex located in San Jose offering a rare high in-place yield opportunity in Silicon Valley. The property features a strong unit mix of one bedroom and two bedroom units, a layout that supports consistent tenant demand. The asset offers an attractive ~6.73% current cap rate with additional upside potential, allowing investors to benefit from strong in-place income with the opportunity to further increase cash flow through continued rental growth and operational improvements. The property also benefits from recent electrical upgrades including a new main panel and new subpanels installed in 2025. Ideally located one block from a new VTA Light Rail station currently under construction, the property benefits from excellent commuter access and close proximity to major Silicon Valley employment centers, supporting long-term rental demand.

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Kollmar is a Residential Income Five Or More Units property located in San Jose, California, featuring a 15,000 sqft lot, 10,416 sqft, MLS #ML82038375.
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Data last modified: 2026-06-09 18:27:18