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$5,250,000

Pending

590 Stoney Court

Gilroy CA 95020

15,960

SF

Commercial

Type

1984

Built

$329/SF

Cost/SF

22 days on marketNalren refreshed

Listing Agent

Tom Antonopoulos

Listing Agent

DRE #: 00492309

(408) 391-9546

Brokerage: Real Property Investments

Location Analysis

MapProperty Location

About This Property

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!!

Property Information

Property Overview

Commercial

Property Type

Pending

Status

R3

Zoning

0.9458 acres

Lot Size

15,960 SF

Square Footage

$328.95/SF

Price per SF

$63,000

Annual Tax

1,984

Year Built

17

Parking Total

1.07

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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