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1930 Almaden Road

Jason Post Of Post Investment Group Acquires 150-Unit Almaden 1930 Multifamily In San Jose For $41M
SOLDMultiFamily

Jason Post Of Post Investment Group Acquires 150-Unit Almaden 1930 Multifamily In San Jose For $41M

1930 Almaden Road

$41,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 6, 2026

AI

The multifamily asset located at 1930 Almaden Road in San Jose was sold for $41 million, amounting to approximately $273,333 per unit. The property comprises 150 units and was built in 1977. It participates in the federal Low Income Housing Tax Credit program, which enforces income restrictions on residents. The amenities of the property include a swimming pool and outdoor recreation areas.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $41,000,000
  • Units: 150
  • Price Per Unit: $273,333
  • Buyer: Jason Post - Post Investment Group
  • Date of Sale: 03/06/2026
  • Market: San Jose

Jason Post, representing Post Investment Group, acquired the property as part of his investment portfolio. The transaction reflects Post Investment Group's commitment to affordable housing in the San Jose market.

Players

Jason Post

Post Investment Group

Buyer

$243.1M

vol

5 deals

Buyer

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

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93