S 11th Street San Jose, Kalifornien, USA
Gelistet von Colliers Parrish International, Inc.
Gewerbeimmobilien zum Verkauf in San Jose, Kalifornien, USA steht derzeit zum Verkauf. San Jose, Kalifornien, USA ist für 4.000.000 $ gelistet. Wenn die Immobilie in San Jose, Kalifornien, USA nicht das ist, wonach Sie suchen, besuchen Sie https://haussmannrealty.xomio.com , um andere Gewerbeimmobilien zum Verkauf in San Jose zu sehen.
Datum aktualisiert: 26.04.2025
MLS Nr.: 374306060
4.000.000 $ USD
- Mindestverkaufsfläche10.893ft²
Merkmale der Immobilie
Konstruktionsdetails
- Jahr der Konstruktion: 1959
- Bedachung: Glasfaser
Weitere Merkmale
- Heizungssystem: Elektrisch Gebläseluft
Fläche
- Immobiliengröße: 10.893ft²
- Grundstücksgröße: 15.681ft²
Beschreibung
Unique Oppty to Achieve 5.63% Cap or 7.39% Cap Within 3 to 6-Months. 3-Minute Walk to SJSU. Rare 25-Bedroom (With 29-Bedroom Potential) Student Housing. Fully-Vacant. SJSU Fraternity House With 10,893 SF on 3 Levels + Basement. Rehab 25 BRs, PLUS Add 4 Bedrooms to Achieve Income of 29 BRs of High-Quality Student Rental. Student Leases: August 1 to July 31, Offer Secure, Steady Cashflow w/ Minimal Vacancies. Extremely Supply-Constrained Student Housing Market Near SJSU. Considerable Interior Space w/ Numerous Repositioning Opportunities to Help Investor Achieve Premium Rents. Spacious Second and Third Floor Bedrooms (+/- 145 SF Bedrooms with 9' Ceilings) Offer Panoramic Views of SJ and SJSU Campus. 25-Parking Spaces Rear of Property - Investors May Lease Out or Include Parking in Rent for Additional NOI. Income-Generating Ideas: Onsite Gym, Movie Room, Bike Storage, Pickleball Courts, Solar Panels, Etc. CURRENT CAP Rate (If Rehab Existing Bedrooms, Baths & Kitchen): 5.63%; GRM: 10.4 (Cap Rate Inclusive of $300,000 Property Rehab Budget); Cost/SF: $367/SF. PRO-FORMA CAP Rate (If Rehab Existing Bedrooms, Baths & Kitchen PLUS Add 4 Bedrooms on Ground Floor): 7.39%; GRM: 8.9 (Inclusive of $300,000 Property Rehab + $140,000 Additional Bedrooms Budget); Cost/SF: $367/SF.