This Multifamily Property is Off-Market.

101 Glen Eyrie Avenue
San Jose, CA 95125 ·

30 Units · Multifamily For Sale

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Glen Eyrie Towers Apartments

Price N/A Gross Rent Multiplier 13.67
No. Units 30 Occupancy 95%
Building Size 36,000 SF No. Stories 3
Property Type Multifamily Year Built 1966
Property Sub-type Garden/Low-Rise Lot Size 1.01 AC
Property Use Type Investment Parking Ratio 1 / 1,000 SF
Cap Rate 4.50%
Listing ID: 14204299 Date Created: 05/09/2005 Last Updated: 12/12/2005

Description

Glen Eyrie Towers Apartments is a 30 unit rental community consisting of 21 one bedroom/one bathroom and 9 two bedroom/one and one-half bathroom apartments constructed in 1966. It is a three story building over carport parking with direct access to lighted breezeways. Amenities include a recreation room, an elevator and spacious storage units. Twenty-seven of the units have balconies overlooking the Los Gatos Creek, with its tree-lined banks, abundant gardens and spectacular sunsets. The property boasts a serene garden setting and lushly landscaped grounds with picturesque views and a tranquil fountain area. The units have all electric kitchens with mahogany wood cabinets featuring a large window area allowing for natural light. The bathrooms have wood vanities and glass shower enclosures. There are on-site laundry facilities with credit/debit operation. The recreation room may be reserved for parties and features a Tiki Room with a full kitchen, full bar and large dance floor. It adjoins the sauna, shower rooms and restroom facilities making it perfect for parties.

Glen Eyrie Towers has a unique location stretching along the Southwesterly bank of the Los Gatos Creek in Willow Glen, just one-half mile from Highway 280. It is only one block away from Lincoln Avenue which runs through downtown Willow Glen with its quaint, unique shops, coffee houses and restaurants. Safeway and Albertsons are approximately a mile away. Glen Eyrie Towers is within minutes of major transportation arteries such as 880, 101, 280 and 680. These transportation arteries give easy access to the Bay Area employment centers including San Jose, San Francisco and the East Bay.

Highlights

  • Excellent Willow Glen Location in a Neighborhood Setting
  • New Well Maintained Landscaping with Outdoor lighting
  • Kitchens with Electric Range, Refrigerator, Dishwasher and Disposal
  • Built-In Air Conditioners
  • Close proximity to Almaden Valley Athletic Club
  • Most units have balconies overlooking Los Gatos Creek

Research

101 Glen Eyrie Avenue, San Jose, CA 95125 (Santa Clara County)

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