$5,250,000
Pending590 Stoney Court
Gilroy CA 95020
15,960
SF
Commercial
Type
1984
Built
$329/SF
Cost/SF
Listing Agent
Location Analysis
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
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.