El Tule Boutique Development El Tule

Rare investor opportunity in the San Jose Corridor. 2 luxury residences fully completed and move-in ready. 8 additional units with land secured and full blueprints in place -- ready to build to buyer's vision. At $2,950,000 for all 10 units, entry is $295K/key. Three exit strategies: complete & sell ($8.5M+ projected revenue, 183% net ROI), operate as STR portfolio (15.6% annual net ROI), or live in the completed units and build the remaining 8 via presales. ICF construction, private pool per unit, rooftop terraces with ocean views, 24kW generator, LG VRF A/C. Seller motivated, open to advising buyer. Seller financing available. Price negotiable.