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127 Rancho Drive

Eymon Binesh Of Marcus & Millichap Sells Multifamily Asset At 127 Rancho Drive For $11.15M
SOLDMultiFamily

Eymon Binesh Of Marcus & Millichap Sells Multifamily Asset At 127 Rancho Drive For $11.15M

127 Rancho Drive

$11,150,000

$449/SF

Building Size

24,816 SF

Asset Type

MultiFamily

Closing

Oct 17, 2025

AI

The property asset involved in this transaction is a multifamily asset located at 127 Rancho Drive in the San Jose market. The asset has a sale price of $11,150,000, comprising 30 units. It features a total square footage of 24,816, resulting in a price per unit of $371,666 and a price per square foot of $449.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,150,000
  • Units: 30
  • Total Square Footage: 24,816
  • Price Per Unit: $371,666
  • Price Per Square Foot: $449
  • Broker: Eymon Binesh - Marcus & Millichap
  • Date of Transaction: 10/17/2025

Eymon Binesh from Marcus & Millichap represents the seller in this transaction, facilitating the sale of the property in the San Jose market. This deal highlights the active involvement of brokerage expertise in multifamily assets.

Players

Eymon Binesh

Marcus & Millichap

Broker

$109.8M

vol

7 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

San Jose MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93