$12,500,000 ($125,000/unit)
Villa Hermosa represents an outstanding opportunity for investors to acquire a 100% occupied institutional-grade 62+ years old senior property located in the West Mayfair neighborhood of east San Jose, California. The complex was developed and maintained by the current ownership, and is of high quality construction ensuring minimal ongoing maintenance issues for a potential buyer.
Constructed in 1999, the 100-unit complex consists of 99 one-bedroom units plus one two-bedroom on-site manager unit located within a two-three stories residential building. The units feature spacious floor plans with abundant amenity packages, as well as attractive community room, club house, elevators, coin-operated laundry facility, patio or balcony, non-smoking facility and on-site maintenance manager.
Villa Hermosa is situated in east San Jose with convenient access to freeways 101, 280/680, as well as immediate access to the King and Hermocilla VTA bus station. The property is within minutes of major shopping venues, hospitals, schools, golf course, parks, downtown San Jose, San Jose Mineta International Airport and a number of entertainment destinations.
1640 Hermocilla Way, San Jose, CA, USA
