San Jose, California, Santa Clara County, 95117

$570k Price Reduction - Prime Silicon Valley 11-unit Multifamily Asset with Assumable 3.85% debt! If you believe in the growth potential of AI, like NVIDIA (Stock Price T-12 Growth: over 350% return), you cannot miss this prime multifamily asset. Why? The investment thesis is simple: the excellent demographics ($201,279 average household income) will bring you long-term Rent Growth driven by demand/supply dynamics. Highlights: (1) Located in a Single-Family Home neighborhood. Just minutes to major tech companies (Apple, NVIDIA, Netflix, just to name a few), groceries (Mitsuwa and Sprouts), and convenient access to major highways (280, 85, San Tomas Expy, and Lawrence Expy) (2) Priced significantly below replacement costs, (3) Irreplaceable assumable debt! (4) Tenant turnover opportunity to execute value-added strategy to unlock the upsides of this well-maintained property! (5) Amenities: a courtyard, secured gates, on-site laundry, covered parking spaces, and storage (6) Excellent unit mix: (2) 2+2 and (9) 1+1 units (7) Historically durable cash flow

Listing Courtesy of Kyle Chuang , Chessboard Capital