This Multifamily Property is no longer advertised on LoopNet.com.

15160 Monterey St
Morgan Hill, CA 95037

8 Unit Multifamily Property · Multifamily Property For Sale · 8 Units

Apartment Buildings California Morgan Hill 15160 Monterey St, Morgan Hill, CA 95037

INVESTMENT HIGHLIGHTS

  • Unique value-add opportunity in core spillover Santa Clara County submarket
  • Low management responsibility
  • Two value add parcels offered for the first time in over 30 years
  • In-place rents, ~25-30% below market rents for Morgan Hill
  • Future opportunity to sell one parcel following acquisition of property
  • 1 acre (.92 Acres) of land approximately 40,000 Sq. Ft.

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.55 AC
Building Size 2,844 SF
No. Stories 1
Year Built 1946

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - -

PROPERTY TAXES

Parcel Number 825-06-026 Improvements Assessment $205,020
Land Assessment $683,400 Total Assessment $888,420

ZONING

Zoning Code A
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  • Listing ID: 23147323

  • Date on Market: 5/20/2021

  • Last Updated:

  • Address: 15160 Monterey St, Morgan Hill, CA 95037

More public record information on 15160 Monterey St, Morgan Hill, CA 95037

The Multifamily Property at 15160 Monterey St, Morgan Hill, CA 95037 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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