15 SRO Units in Downtown San Jose

  • City :San Jose
  • Units : 15 SRO Units
  • Price : 1950000
  • Represented :

  • 15 Units: 14 Single Room Occupancy Units, plus one 2BR/1BA SRO unit;
  • Actual Financials: Cap Rate: 6.03%, 10.37 GRM, 6.55% CAC return;
  • Downtown Rental Property, Just 4 Blocks from University;
  • High Occupancy due to current “Worker” tenant profile;
  • Ideal location and configuration for Student Housing;
  • One Large Common Area Kitchen;
  • 4 Shared Full Bathrooms;
  • Usage: Large Guesthouse, Zoned R-1-8:
  • All Units Legal and Fully Permitted;
  • Offered at: $1,950,000

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