Overview
About This Listing
191 Eigleberry Street Apartments, an eight-unit multifamily investment property located in the heart of Gilroy, California. Built in 1980, this well-maintained community presents a rare value-add opportunity in a low-vacancy, supply-constrained submarket of South Santa Clara County. With stable in-place income and significant upside through continued upgrades, the property offers strong fundamentals for both yield-focused and long-term investors. The unit mix includes six large two-bedroom, one-and-a-half-bath townhouse-style units approximately 1,000 square feet each and two one-bedroom, one-bath flat-style units approximately 700 square feet each (Buyer to verify Sqft). The townhouse-style layouts provide tenants with a desirable, home-like feel and enhanced privacy. Constructed with a durable stucco exterior and partial wood siding, the single building features a pitched composition shingle roof, partial dual-pane windows, and individual water heaters for tenant-controlled utility usage. On-site amenities include a laundry facility, and a mix of single car garages, tuck-under, and reserved parkinga rare advantage in a dense rental market.
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Source:
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