590 Stoney Court, Gilroy, CA 95020

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List Price
$5,250,000
Status
ACTIVE
MLS#
ML82064711
Year Built
1984
Lot Size
41,200
Acres
0.95
Days on Market
1
Property Type
Commercial

Property Description

Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ worth of improvements/repairs will make this a lasting investment*36 parking spaces along with street parking adds to the tenants needs*19 of which are covered in Carport*All units are 2 bedroom 1 bath*Most have been nicely remodeled throughout*Please note that units have their own hot water heater which lowers expenses for owner*SB 721 has been completed for decking requirements*Near to the Gilroy outlets, Costco and Walmart and less than one mile from the Cal Train Gilroy Station* Sound wall has been expanded at great expense*Has been professionally managed and rents have been raised*Over 16,600 sq ft of units on app .95 acre lot*This is ideal for your buyer or for an exchange!!Please do not disturb tenants*See Cap Rate!!

Additional Information

Taxes
$63,000
Heat
Electric, Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
Water
Public
School District
Gilroy Unified
Attached Structure
Detached
Gross Scheduled Income
$575,382

Listing courtesy of Listing Agent: Tom Antonopoulos (rpibrkr@gmail.com) from Listing Office: Real Property Investments.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.