939 & 949 Villa Ave, San Jose, CA 95126

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Property Description

Renovated apartment complex consisting of (2) 8-unit buildings on adjacent parcels. No on-site manager needed. Full exterior renovation with dual paned windows, drought tolerant landscaping, installation of garage doors, addition of (4) yards, new exterior paint and attractive redwood accents. Newer comp shingle roof. Each building has its own laundry room with new owned machines. (9) apartments extensively renovated with new kitchen cabinets, quartz counters, stainless steel appliances, LVT flooring, new interior doors, crown molding & baseboards, can lighting, new fixtures, two-tone paint & upgraded bathrooms. Strong in-place rents. BELOW market assumable $3,575,000 loan @ 3.4% fixed for 6 years. Conveniently located in highly desirable Rose Garden neighborhood. Street consists of charming single family homes & newer small lot developments. This is no "apartment row". Moments to Diridon Station and the future home of GOOGLE. Close to freeways, Whole Foods, SAP Center & much more.

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Courtesy of Newmark Cornish & Carey, Justin Bautista. Selling Office: COLD03.

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