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32928961
32928966

7191 Eigleberry St., Gilroy, CA 95020 For Sale

DV
CA 00878672
Realty World - Villa California
Listed by Realty World - Villa California
$2,895,000
54 days on market
Updated 53 days ago

7191 Eigleberry-Gilroy,CA

Details
APN 799-10-051
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,992
Units 8
Cap Rate 5.30%
NOI $130,867
Occupancy 100%
Tenancy Multi
Price per SqFt $414
Year Built 1980
Buildings 2
Lot Size (SqFt) 12,300
Zoning R3
Investment Type Stabilized

Multifamily | 8 Units | $361,875/unit

Marketing description

This beautifully maintained 1980 stucco construction building is in a prime location just a few blocks to city offices, civic center, library, police station and more. Also, near CalTrain Station and historic Downtown Gilroy with it quaint shops and restaurants.

Many nearby parks such as Gilroy Gardens, sports complex, public transportation and schools. With rents going through the roof in Silicon Valley, this is a haven for many residents and can commute on train.

The corner building consists of 6 townhouse style units with 2 bedrooms & 1 bathroom upstairs and a 1/2 bathroom downstairs plus living room, kitchen, eating area, most units have been updated within few last years. 2 units are single floor 1 bedroom with 1 bathroom. All units include refrigerator, electric freestanding stove, dishwasher, gas wall heater, electric water heater & wall A/C.

The building offers an on-site laundry room, washers/dryers leased, stucco exterior, composition shingle roof, individual gas & electric meters for each unit plus house meters. It is fenced in two sides, has 6 garage spaces, 2 covered parking spaces and 7 open spaces. Like no other on the market today!

Investment highlights

  • 8 units with excellent unit mix
  • Beautiful well located property
  • Great location near Downtown/Cal Train
  • Low maintenance
  • On site laundry room
  • 1980 Construction
  • Fully rented
  • Corner Building/Lot
  • Excellent income
  • Garage parking

Listing Contacts

DV
CA 00878672
Realty World - Villa California
Listed by Realty World - Villa California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$130,867.00
$10,905.58/mo

Valuation Metrics

0
DSCR
4.52%
Cap Rate
4.52%
ROI

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Additional Information

Name
David A. Verbera
License
00878672
Brokerage
Realty World Villa California
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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