439-441 S. 5 TH STREET

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439-441 S. 5 TH STREET

San Jose, CA 95112
Asking Price
$4.15M
Cap Rate
5.4%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Veridian on 5th, San Jose, CA 94040 <ul><li>​Unmatched Location ± 300 feet from San José State University</li><li>​100% 2-Bedroom Units offering highly functional and desirable unit mix</li><li>​Prime Urban Setting located in the heart of San Jose’s downtown core</li><li>​Walkable Lifestyle within 0.5 miles of Downtown San Jose & San Pedro Square</li><li>​Transit-Oriented: ~2 miles to Diridon Station (Caltrain, ACE, future BART)</li><li>​Strong Demand Drivers Supported by SJSU and Silicon Valley employment</li><li>​In-Unit W&D - f

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NOI
$80,000
Cap Rate
1.93%
DSCR
0.32
Underwater
Cash-on-Cash
-13.36%
Monthly Payment
$20,531.936
Annual Cash Flow
$-166,383.228

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