Manning Realty
Michael Manning, Manning RealtyPhone: (408) 218-1628
Email: mlmanning@gmail.com
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listing
1 of 13
CommercialFor Sale
$3,225,000
2131 Marlboro Court
San Jose, CA 95128
Listing Office: Jefrey Henderson, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$16,747/mo

2131 Marlboro Ct The Property is an 11-unit multifamily asset in the heart of San Jose, California. The property consists of well-maintained rental units with 6,972 rentable square feet, averaging approximately 634 square feet per unit. Built in 1957, this property has been substantially renovated and programmatically improved resulting in little/no deferred maintenance. The property achieves strong in-place rents of $1,863 per unit, or $2.94 per square foot, supported by robust market fundamentals and a high-demand rental environment. This presents a compelling opportunity for investors to acquire a stable, income-generating asset in a thriving market. Additional value-add upside can be achieved through programmatic renovations in all 10 units. The units are currently lightly upgraded and have been wellmaintained but rents can continue to be increased with additional unit improvements.

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Information courtesy of Jefrey Henderson, Broker is subject to verification and is not guaranteed.
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