Historical Multifamily Sale Listing - Glen Eyrie Towers Apartments

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Glen Eyrie Towers Apartments

101 Glen Eyrie Avenue, San Jose, CA 95125

N/A

30 Units | Multifamily

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Glen Eyrie Towers

Multifamily Property - Off Market

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

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

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.

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

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