186-192 Selwyn Dr | Milpitas, CA 95035
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- LoopNet Team
186-192 Selwyn Dr
Milpitas, CA 95035
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- 5.45% Going In Cap Rate
- 75% of the floorplans are 2 bedroom (1,000 SF) and 3 bedroom units (1,445 SF)
- 9/16 Units have been fully renovated including new kitchens, new floors, new bathrooms, washers & dryers in unit, etc..
- Opportunity to continue operating the property as-is or renovate the remaining 7 units with an estimated 29.2% return on cost
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 16,460 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1963/2022 |
| Zoning | R3 - Multifamily Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 16,460 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2022 |
| Zoning | R3 - Multifamily Residential |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Security System
- Ceiling Fans
- Granite Countertops
- Stainless Steel Appliances
- Double Pane Windows
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 670 |
| 2+1 | 8 | - | 1,000 |
| 3+2 | 4 | - | 1,445 |
PROPERTY TAXES
| Parcel Number | 088-03-040 | Improvements Assessment | $3,060,000 |
| Land Assessment | $2,754,000 | Total Assessment | $5,814,000 |
PROPERTY TAXES
Parcel Number
088-03-040
Land Assessment
$2,754,000
Improvements Assessment
$3,060,000
Total Assessment
$5,814,000
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