SOLD
San Jose Developer Intelli Acquires Nova Alianca Hall For $2.4M With BUYER's Rep Do Van Tron & SELLER Sociedade Filarmonica Nova Alianca
37 North 27th Street
Special Purpose
Sold 181 days ago
Summary
Sale
CALIFORNIA
Special Purpose
San Jose developer Intelli, led by Do Van Tron, has acquired Nova Alianca Hall for $2.4 million. The property is located at 37 North 27th Street in San Jose and is classified as a Special Purpose asset. The sale took place on November 2, 2023. The seller of the property was Sociedade Filarmonica Nova Alianca.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $2,400,000
- Buyer: Intelli - Do Van Tron
- Seller: Sociedade Filarmonica Nova Alianca
David Taxin from Meacham Oppenheimer represented the buyer, Intelli, in the transaction. Intelli plans to leverage the property's proximity to a future BART station site and San Jose's support for high-density development near the 28th Street/Little Portugal BART station. They have envisioned building 80 units on the property, aligning with the city's goals for increased housing density in the area.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Do Van Tron & David Taxin
DATE: 11/02/2023
ADDRESS: 37 North 27th Street
MARKET: San Jose
ASSET TYPE: Special Purpose
BUYER: Intelli - Do Van Tron
SELLER: Sociedade Filarmonica Nova Alianca
BROKER: David Taxin - Meacham Oppenheimer
SALE PRICE: $2,400,000
NOTE: San Jose developer Intelli, led by Do Van Tron, has acquired Nova Alianca Hall for $2.4 million, envisioning high-density housing on the property near a future BART station site. Tron plans to potentially build 80 units in line with San Jose's support for high-density development near the 28th Street/Little Portugal BART station.View on map
Loading...
Address37 North 27th Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want