This is a 25-unit multifamily investment opportunity located in San Jose, California, near recreational sites, neighborhood conveniences and strong retail developments.

Villa Almaden Apartments offers resident s the choice of several spacious floor plans. The subject property has an excellent unit mix of 20 one-bedroom/one-bath units averaging 900 square feet, four two-bedroom/one-bath units, measuring approximately 1,000 square feet and one large three-bedroom/ two-bath unit, measuring 1,600 square feet. 

The downstairs units have private fenced back patios, and some upstairs units have decks. Each unit is metered for gas and electric and has a screened door, an assigned covered carport and individual storage unit. Common amenities include 25 covered carports, plenty of street parking, on-site laundry facilities, a soda vending machine in the property's common area, a fire pit and barbecue area and a swimming pool with a pool deck for lounging.

Built in 1961, the subject property is clean and well-maintained with professional landscaping providing a courtyard setting. This is an excellent opportunity for investors to purchase in a market that consistently posts strong fundamentals and has one of the lowest construction rates in the country.