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15160 Monterey St
Morgan Hill, CA 95037
8 Unit Multifamily Property · Multifamily Property For Sale
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8 Units
Investment Highlights
- Unique value-add opportunity in core spillover Santa Clara County submarket
- Low management responsibility
- Two value add parcels offered for the first time in over 30 years
- In-place rents, ~25-30% below market rents for Morgan Hill
- Future opportunity to sell one parcel following acquisition of property
- 1 acre (.92 Acres) of land approximately 40,000 Sq. Ft.
Property Facts
| No. Units | 8 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 2,844 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1946 |
| Building Class | C | ||
| Zoning | A | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 2,844 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $318,360 | |
| Land Assessment | $1,061,207 | Total Assessment | $1,379,567 |
Property Taxes
Parcel Numbers
Land Assessment
$1,061,207
Improvements Assessment
$318,360
Total Assessment
$1,379,567
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