Property Detail

611 7th

Gilroy CA 95020

$8,550,000

Status: Active

Property Details

Description

Located in Gilroy, Property is composed of 5 buildings and a large area of land behind the units*All downstairs units have a yard area. There is laminate flooring throughout. The kitchens is equipped with an electric oven range, exhaust fan, hood over the range, and a refrigerator, providing essential appliances for meal preparation. Laundry facilities are coin operated, adding convenience for residents. Cooling is provided by ceiling fans, and heating is managed by electric and wall furnace units. The home includes double pane windows for energy efficiency. There is a two-car garage available for parking and storage. Total parking is 61 spaces, 31 in carport*1.9 acres of lot size*Great unit mix, 2 three bedrooms, 6 one bedroom and 24 two bedroom units*Units are professionally managed*Please note Cap rate!!Conveniently located to Gilroy Outlets, Costco Wholesale, Walmart, and Cal Train Gilroy Station*Just down the street from Eliot Elementary which makes this a great convenience for tenants*

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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