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listing
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CommercialFor Sale
$24,898,000
750 - 760 North 23rd Street
San Jose, CA 95112
Courtesy of Marcus & Millichap - Robert Johnston
MLS: MLSListings
Est. Mortgage
$128,619/mo

Palm Court Apartments represents the rare opportunity to acquire an exceptional 56-unit multifamily asset located at 750-760 N 23rd St in thriving San Jose, California. Situated on a parcel of land totaling 1.54-acres, the subject property was originally constructed in 1961 and has a gross building area of approximately 40,796 square feet, offering its tenants beautifully designed one-bedroom, two-bedroom and three-bedroom floor plans. The subject property has recently undergone extensive exterior and interior capital improvements. 48 of the 56 units have been completely remodeled and renovated with vinyl plank flooring, stainless steel appliances, granite countertops, modern cabinetry and in-unit washer dryers. Tenants and residents also enjoy convenient access to many community amenities including a sunny community courtyard, community pool and private parking. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

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Based on information from the MLSListings MLS as of 06/29/2022 08:37 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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