121 N 8th St

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121 N 8th St

San Jose, CA 95112
Asking Price
$3.36M
Cap Rate
5.24%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Downtown San Jose Investment Opportunity with High Cap Rate and Low Price Per Unit <ul><li>​Downtown San Jose Multifamily Investment Opportunity - Investors have the rare opportunity to acquire a well-situated multifamily investment within the Downtown San Jose market.</li><li>​Strong Renter's Market - The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand, high prices for rental rates and short turnover periods.</li><li>​Convenient Community Amenities - Tenants enjoy convenient community amenities in

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NOI
$80,000
Cap Rate
2.38%
DSCR
0.40
Underwater
Cash-on-Cash
-11.85%
Monthly Payment
$16,623.447
Annual Cash Flow
$-119,481.361

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