Updated Dec 21, 2023
Vijayalakshmi Mani Acquires Multifamily Property In San Jose For $3.5M
325 South Willard Avenue, San Jose, California 95126, United States
$3,500,500
$1,296/SF
Building Size
2,700 SF
Asset Type
MultiFamily
Closing
Feb 3, 2022
About this deal
AI
The multifamily property located at 325 S Willard Ave in San Jose, CA was recently sold in a transaction on February 4, 2022. The property spans across 2,700 square feet and was sold for a price of $3,500,500, resulting in a price per square foot of $1,296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,500,500
- Address: 325 S Willard Ave, San Jose, CA
- Market: San Jose, CA
The buyer of the property is Vijayalakshmi Mani, while Karen S. Zurich served as the seller in this transaction.
Players
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93