| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 21st | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 305 San Antonio Ct, San Jose, CA, 95116, US |
| Region / Metro | San Jose |
| Year of Construction | 2009 |
| Units | 86 |
| Transaction Date | 2025-12-11 |
| Transaction Price | $18,610,000 |
| Buyer | FAIRWAYS APARTMENTS LP |
| Seller | SAN JOSE FAMILY HOUSING PARTNERS LP |
305 San Antonio Ct San Jose Multifamily Investment
Neighborhood occupancy trends sit at the top of the metro, supporting stable renter demand in this Urban Core pocket, according to CRE market data from WDSuite. Elevated renter concentration and a high-cost ownership backdrop point to a deep tenant base with disciplined lease management potential.
The immediate neighborhood shows tight rental dynamics and a renter-occupied share above most peers in the metro, indicating depth in the tenant base and support for consistent leasing. Median home values are elevated relative to national benchmarks, which reinforces reliance on multifamily housing and can support pricing power when managed carefully.
Daily-needs access is a strength: cafes and grocery options index in the top quartile nationally, helping with resident convenience and retention. By contrast, public parks and pharmacies are limited within the neighborhood, which may modestly temper livability for some residents and should be considered in marketing and amenity strategies.
At the metro level (San Jose–Sunnyvale–Santa Clara), the neighborhood ranks above the metro median on housing fundamentals and shows occupancy that is first among 344 metro neighborhoods. For investors, this points to defensive characteristics: deeper demand, faster lease-ups, and reduced downtime compared with many submarkets.
Demographics aggregated within a 3-mile radius show household counts edging higher even as average household size trends down, expanding the pool of households seeking apartments. Rising incomes over recent years and growth projected for higher-earning cohorts support rent levels, while the renter share near the property implies a broad base for workforce and professional demand.
Safety indicators for the neighborhood track below national averages, and the area ranks in the lower half among the 344 metro neighborhoods. Property crime levels are comparatively elevated versus national benchmarks, which warrants thoughtful security, lighting, and access-control planning as part of operations.
A constructive note is that recent violent offense trends have improved meaningfully year over year, placing the neighborhood in a stronger improvement percentile nationally. Investors should monitor whether this improvement persists and continue to benchmark security practices against peer assets in the San Jose–Sunnyvale–Santa Clara metro.
Nearby corporate employment anchors underpin renter demand and support retention through commute convenience, including Adobe, PayPal, Qualcomm, Avnet, and Verizon. These firms represent technology and communications roles that align with the area’s professional workforce.
- Adobe Systems — technology (2.3 miles)
- Paypal Holdings — fintech (4.2 miles) — HQ
- Qualcomm — communications & semiconductor (4.8 miles)
- Avnet — electronics distribution (5.0 miles)
- Verizon — telecommunications (5.0 miles)
Built in 2009, the property is newer than much of the surrounding housing stock, which supports competitive positioning and reduced near-term capital exposure versus older assets, while still allowing for selective modernization to drive rent premiums. Occupancy at the neighborhood level is first among 344 metro neighborhoods and sits in the top tier nationally, indicating demand depth and potential for steady lease-up and retention, based on CRE market data from WDSuite.
Within a 3-mile radius, household counts are trending up even as average household size contracts, expanding the renter pool. Elevated ownership costs in the area reinforce reliance on multifamily housing, supporting pricing power when paired with careful lease management and affordability monitoring. Proximity to a diversified tech employment base further underpins demand.
- Neighborhood occupancy ranks first of 344 in the metro, supporting leasing stability and lower downtime.
- 2009 vintage offers competitive positioning versus older stock with targeted value-add potential.
- High-cost ownership market reinforces multifamily demand and pricing power with prudent lease management.
- 3-mile household growth and smaller household sizes broaden the renter pool and support occupancy.
- Risks: below-average safety metrics and limited parks/pharmacy access warrant enhanced operations and resident engagement.