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Browse More Listings in Multifamily For Sale, San Jose, CA or California

Multifamily Property For Sale

142-150 Graham Avenue

142-150 Graham Avenue, San Jose, CA 95110

Price:
$3,925,000
No. Units:
30
Building Size:
17,018 SF
Price/Unit:
$130,833.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5.64%
Occupancy:
100%
No. Stories:
2
Year Built:
1957
Lot Size:
21,780 SF
Find Out More...

Last Verified 11/16/2009 Listing ID 16393631

Highlights

Two parcels! 30 units

Can be purchased as 14 or 16 units, must close concurrently

Description

Two parcels!!!

142 & 150 Graham Avenue was built in 1957 and extensively renovated in 2004 with all new interiors including HVAC systems, double pane windows. The property is situated on two separate parcels.

142 Graham building measures 7765 SF and has (10) 1bedroom / 1bathroom units & (2) 2bedroom/1bathroom units!

150 Graham building measures 9254 SF and has (12) 1bedroom / 1bathroom units & (4) 2bedroom/1bathroom units!

This investment property is perfect for investors seeking Cashflow and a buildings with many upgrades.

Can be purchased as 30 units total or can be purchased as 14 units or 16 units separately, must close concurrently.

142 & 150 Graham Avenue is located near major cross street of Alma & Willow, and 1st & Keyes. It is located in a stong rental area and just several blocks away from Downtown San Jose.

Financial Summary

Unit Mix Information

Debt & Equity Information

Actual
Scheduled Gross Income
$384,504
Effective Gross Income
$365,279
Operating Expenses
$144,013
Net Operating Income
$221,266

Description	No. Units	Avg. Mo. Rent
2br / 1ba	6	$1,200
1br / 1ba	24	$1,000

Map of 142-150 Graham Avenue, San Jose, CA 95110 (Santa Clara County)

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Presented by

Associated Capital Consultants Incorporated

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Contact Listing Broker

Mary Driedger (408) 295-4700 Ext: 102

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Created 9/14/2009

Additional Information for 142 Graham Avenue, San Jose, CA 95110

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 142-150 Graham Avenue, San Jose, CA 95110

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142 Graham Avenue
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150 Graham Avenue
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16 Units
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$788,000
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Willow Retail & Locust Apartments
$1,750,000
4,820 SF

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

142-150 Graham Avenue, San Jose, CA, 95110