590 Stoney Court, Gilroy, CA 95020

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List Price
$5,250,000
Status
ACTIVE
MLS#
ML82064711
Year Built
1984
Property Type
Other
Living Area
15,960
Lot Size
41,200
Acres
0.95
County
Santa Clara
Subdivision
Ca

Property Description

Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ worth of improvements/repairs will make this a lasting investment*36 parking spaces along with street parking adds to the tenants needs*19 of which are covered in Carport*All units are 2 bedroom 1 bath*Most have been nicely remodeled throughout*Please note that units have their own hot water heater which lowers expenses for owner*SB 721 has been completed for decking requirements*Near to the Gilroy outlets, Costco and Walmart and less than one mile from the Cal Train Gilroy Station* Sound wall has been expanded at great expense*Has been professionally managed and rents have been raised*Over 16,600 sq ft of units on app .95 acre lot*This is ideal for your buyer or for an exchange!!Please do not disturb tenants*See Cap Rate!!

Additional Information

Appliances
Refrigerator
Flooring
Laminate
Parking Features
Off Site
Roof
Composition Shingles
Water Sewer
Public

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Listing courtesy of Tom Antonopoulos from Real Property Investments. 408-391-9546

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