Property Detail

Description

1980's Construction, No City Rent Control // All Two-Bedroom & Three Bedroom Floor Plans // Strong In-Place Cap Rate 5.45%! Marcus & Millichap is pleased to present 5390 Carryback Avenue, a 14-unit multifamily community located in South San Jose, a gateway to Silicon Valleys innovation and employment base. Constructed in 1980, the property comprises approximately 12,292 square feet of rentable space situated on a 27,500 square foot parcel and is improved with three detached buildings, including two six-unit apartment buildings and one two-unit townhouse-style structure. The unit mix is highly desirable and includes two (2) three-bedroom, two-bath units with in-unit laundry, two (2) two-bedroom, one-bath townhouse-style units with in-unit laundry, and ten (10) two-bedroom, one-bath apartment units.