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Listed by Andres Lopez • Marcus & Millichap
$ 5,500,000
Est. payment | /mo
14,780 SqFt
$ 5,500,000
Est. payment | /mo
14,780 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,780 sqft
Price per Sqft $372
MLS Listing ID ML82028766
HOA Y/N No
Year Built 1982
Lot Size 0.590 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
We are pleased to present 7131 & 7151 Church St is a prime 19-unit apartment community located in the heart of Gilroy, CA. Situated on two contiguous parcels totaling 0.59 acres, the subject property was originally constructed in 1980 and has a gross building area of approximately 14,780 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient access to private tuck-under parking and an on-site laundry facility. The investment appeal of this asset is driven by Gilroy's strong employment fundamentals and low vacancies. With a world-class location in the heart of Gilroy, 7131 & 7151 Church St offer an attractive investment opportunity due to their easy access to the Bay Area and the nation's top employers.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Fireplace No
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227