Description
Located at the heart of Silicon Valley, less than 2 miles away from Apples headquarter. This offering is absolutely a rare opportunity to place capital in one of the highest sought-after locations in the United States. The project proposes to develop a 4-story Hampton by Hilton hotel with 89 guest rooms and one level of underground parking. The site is now been in readiness for the hotel construction. Buyers may also seek the opportunities for retail, mixed-use, or multi-family development but entitlement needs to be verified through the City of San Jose. - Seller has paid over $2M for designs and drawings, demolition, and clearance etc. - Project is currently at the final stage of Building Permit issuance - Site has been demolished, clearance verification documents obtained from all government authorities - Franchise Agreement with Hilton has been signed and fees have been paid - Top-ranked school district, Lynbrook High School
Location
Listing Agent: Jerry Kwok Courtesy of: Pacific Realty Investment Group The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than MLSListings Inc are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2022 MLSListings Inc. All rights reserved. http://www.mlslistings.com/ Updated: 7th July, 2022 1:53 AM (UTC)
