Barcelona Apartments 15 Hawthorne Way 25 Unit Apartment Building $9,500,000 ($380,000/Unit) 4.58% Cap Rate San Jose, CA 95110

Barcelona Apartments is a well-situated multifamily asset located at 15 Hawthorne Way in the thriving city of San Jose, California. Situated on a parcel totaling 14,985 square feet, the subject property was originally constructed in 1932 and features a gross building area of approximately 23,348 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. The property is also located within half an hour of many distinguished educational institutions, including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime San Jose location with convenient access to Downtown San Jose (0.6 miles) and Santana Row (5 miles), home to a myriad of high-end shopping, dining, and entertainment options. As part of Silicon Valley, this location provides renters with close proximity to many of the nation’s top tech employers, including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn, among others. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, Barcelona Apartments presents an attractive choice for South Bay renters due to its proximity to major employers, transportation corridors, shopping, dining, and entertainment options.