649 S 9th Street, San Jose, California 95112

One of the Best True Cap Rates you will find in downtown San Jose… Property can be sold together with Neighboring 14 unit building – Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for every unit. Its offered at $3, 025, 000 ($252, 083 per unit), with a 6.22% current cap rate that rises to 7.11% at market rents, and it can be bought on its own or with 659 S 9th Street as a 26-unit portfolio