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Sridhar Equities Pays $360k/Unit for San Jose Apartment Community
Sridhar Equities has purchased Lakewood Court Apartments, a 48-unit multifamily asset in San Jose, for $17.28 mil ($360k/unit). The property is located in downtown San Jose in close proximity to I-680 and I-880, making it proximate to both the San Jose and Oakland International Airports, as well as to light rail stations.
Lakewood Court Apartments was built in 1988 and is situated on 1.64 acres. The apartment community offers one- and two-bedroom pet-friendly units as well as assigned garage parking and a community pool and spa. Located at 1953 Via Reggio Crt in San Jose, the property is in close proximity to schools, outdoor recreation, shopping and dining.