2748 Kollmar Dr, San Jose, CA, 95127

USD 4,600,000
For Sale

Property Details

Bedrooms

25

Bathrooms

16

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 25 • Bathrooms: 16 • Square Feet: 10416 • Lot/Size: 15,000 sqft lot

Description: 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 install

Location

Address

2748 Kollmar Dr, San Jose, CA, 95127

City

San Jose

Features and Finishes

Year Built: 1959; [object Object]; [object Object]; [object Object]

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