Williams

Campbell San Jose, CA, 95117
For Sale $4,260,000
  • 8,210sqft
  • 14,106lot
Listing agent:
Kyle Chuang
Chessboard Capital
ASSUMABLE debt at 3.85% + SELLER FINANCING! This West San Jose 11-unit multifamily offers a rare opportunity for investors and 1031 Exchange candidates seeking a well-maintained asset with CERTAINTY of DURABLE CASH FLOW and TREMENDOUS RENT GROWTH potential in a SUPPLY-CONSTRAINTED area. Projected 5-year rent growth of 33% and upgrading interior units to meet the demands of households within a 5-mile radius with an average annual income of $201,279 offer Significant Upsides. With the projected rent growth, the projected cap rate is 6.05% and GRM is 11.8. With an excellent unit mix of (2) 2+2 and (9) 1+1, the current average monthly rent is $2032, and the projected market rent is $2316. The Property further benefits from past capital improvements of 6 renovated units. This property boasts an ideal location near major highways, including 280, 85, San Tomas Expy, and Lawrence Expy, as well as major grocery stores like Mitsuwa and Sprouts, and major tech companies like Apple, Netflix, and Nvidia.

Now it's your turn

Interested in this property or one like it? Reach out today to talk with advertising agent Nicholas French.

Williams is a Residential Income Five Or More Units property located in San Jose, California, featuring a 14,106 sqft lot, 8,210 sqft, MLS #ML81927390.
Based on information from one of the following Multiple Listing Services: MLSListings and/or MLSL. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MLSListings Inc and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2023-07-10 15:56:16