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The Spartans Portfolio - 38 SRO Units
San Jose, CA Northside

$4,153,000 USD

Multifamily For Sale  •  7,640 SF

4 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 5.70 %
72 Transit Score
93 Walk Score

Highlights

Rare 38-Unit Single-Room Occupancy (SRO) Portfolio (4 Properties) in Downtown San Jose
Exceptional Value-Add Potential with Strong Rent Upside - Current Rents Average 30% Below Market
Untapped Parking & Storage Revenue Presents Immediate NOI Upside
Unique, Scalable Entry into the San Jose Market
Long-Term Security with Proven SRO Demand

Property Flyers

Cap Rate: 5.70 %

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.6 mi
San Jose Diridon (Caltrain - Caltrain (Caltrain)) 5 min - 1.6 mi
Transit/SubwayDriveWalkDistance
St. James Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 8 min 0.4 mi
St. James Station northbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 9 min 0.5 mi
Santa Clara Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 10 min 0.5 mi
Santa Clara Station northbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 12 min 0.6 mi
Paseo de San Antonio Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 8 min - 3.6 mi
Metro Oakland International 47 min - 36.1 mi
San Francisco International 47 min - 36.3 mi
Bryan Danforth 650-274-5227 Compass Commercial
Bryan Danforth 650-274-5227 Compass Commercial