7191 Eigleberry St
Gilroy, CA 95020
St.Isabel Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Town home style units with gated courtyard and covered garages
- Close proximity to major employers, commercial amenities, and Gilroy Premium Outlets
- Strong and growing rental market within 20 minutes from the Silicon Valley tech hub
- Walking distance to CalTrains station which connects Gilroy to Silicon Valley and SF
- Corner location with an excellent unit mix
Property Facts
| No. Units | 8 | Building Size | 7,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1980/2014 |
| Building Class | C | Parking Ratio | 1.89/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R3, Gilroy | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2014 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | R3, Gilroy |
Amenities
Unit Amenities
- Dishwasher
- Ceiling Fans
- Tile Floors
- Refrigerator
- Oven
- Carpet
- Double Pane Windows
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
About 7191 EIGLEBERRY ST , GILROY, CA 95020
St. Isabel Apartments is an excellent opportunity to acquire 8 Town Home style residences within a stable and growing rental market . The property features (6) - 2 Bed / 1.5 Town Homes plus (2) - 1 Bed/1 Bath apartment homes. (7) of the eight apartment homes were completely renovated in 2014 by the previous owner including new carpet, plank flooring made from a commercial grade composite in the kitchen and bathrooms, new 3 floor moldings, lighting, two-tone paint, oiled bronze hardware and faucets through-out, 2 panel interior doors, electrical outlets and switches. Tenant's pay for their own metered electric and gas. Each unit features a separate hot water heater, wall-furnace heat, and window/wall A/C. Each unit has an exit door to a gated and well landscaped courtyard with easy access to the onsite laundry facility. Gilroy has become a great option for employees seeking relief from the inflated rents of San Jose/Silicon Valley. Gilroy is conveniently located 20 minutes from the San Jose/Santa Clara tech hub and 30 minutes due east from the beaches of Santa Cruz and Capitola. As Silicon Valley has decreased in affordability cities such as Gilroy are a great attraction to employees escaping inflated housing costs. Known for its Gilroy Premium Shopping Outlets that attract so many consumers Gilroy also features a historic downtown with shops, restaurants, and bars. Historically a strong rental market the subject property is located in close proximity to major anchored commercial amenities that feature Target, Grocery Outlet, Kohl's, Marshalls, Lowe's, Costco, Walmart, and many more.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,583 | 700 |
| 2+2 | 6 | $1,885 | 1,000 |
Property Taxes
| Parcel Number | 799-10-051 | Improvements Assessment | $1,561,199 |
| Land Assessment | $391,798 | Total Assessment | $1,952,997 |
Property Taxes
