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Listed by Marcus & Millichap
$ 4,990,000
Est. payment | /mo
11,526 SqFt
$ 4,990,000
Est. payment | /mo
11,526 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,526 sqft
Price per Sqft $432
MLS Listing ID ML82061401
HOA Y/N No
Year Built 1958
Lot Size 0.781 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Azure Apartments is a well-maintained 16-unit multifamily community located in Gilroy, California. Originally constructed in 1958, the property consists of approximately 11,526 square feet of building area situated on a spacious 34,000-square-foot parcel. The community offers a desirable mix of one- and two-bedroom floor plans. Select residences feature private yards and individual fireplaces, while residents also benefit from private covered parking. Each unit is separately metered for gas and electricity and equipped with an individual water heater, supporting operational efficiency and resident convenience. Azure Apartments offers investors an opportunity to acquire a 16-unit asset with appealing resident amenities, substantial land area, and convenient access to major employment, retail, dining, and entertainment destinations. The property is located approximately 1.4 miles from the Gilroy Premium Outlets, which features more than 140 retailers, and provides convenient access to Highway 101. It is also within walking distance of Town Plaza Shopping Center and near downtown Gilroy, Gilroy Gardens, and other regional attractions.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Laundry Coin Operated
Building
Water Public
Nearby Locations
1610 R Street, Sacramento, California 95811, United States