357 Willow St Immeuble residentiel 10 lots 2 388 485 € (238 849 €/Lot) Taux de capitalisation 5,64 % San Jose, CA 95110

357 Willow St is an exceptional 10-unit investment opportunity located in the thriving city of San Jose, California.
Situated on a parcel of land totaling 6,302 square feet, the subject property features a gross building area of approximately 4,500* square feet, offering tenants beautifully designed one-bedroom floor plans. The subject property provides tenants with convenient amenities such as private parking and an on-site laundry facility.
357 Willow St has also recently undergone extensive capital improvements including new exterior paint, installation of dual-pane windows, and various upgrades to meet local fire codes. Furthermore, the subject property has recently completed the installation of a new solar energy system. This upgrade features a new PVC membrane roof, a new 15.3kW LG Solar Electric System with 45 LG 340W solar panels, and an upgraded 225A electrical system. Total capital expenditure for this project exceed $135k.
The subject property sits near Downtown San Jose, Downtown Willow Glen and is within close proximity to the Target anchored San Jose Market Center, all being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.
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 the heart of Silicon Valley, 357 Willow St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.