SAN JOSE, CALIF. — Marcus & Millichap has brokered the sale of Atrium Garden in San Jose for $18.5 million. Neither the buyer’s nor the seller’s identity was disclosed. The 160-unit property offers furnished studio units aimed at short-term rentals for tech-industry workers. Constructed in 2000, Atrium Garden is a four-story building with 159 studios and a one-bedroom manager’s apartment. Studios are furnished with a bed, bedside table and lamp, a lounge chair, a built-in desk and chair, a television, microwave, mini-refrigerator and a stove or hotplate. Amenities include a leasing office, a fitness center, media rooms, resident lounges, community kitchens, laundry facilities and an outdoor barbecue and lounge area. Marcus & Millichap’s team consisted of Mitchell Zurich, Kirk Trammell and Joshua Johnson.
The furnished studio units at Atrium Garden in San Jose, Calif., serve short-term tech workers. The asset, built in 2000, has traded for $18.5 million.
Atrium Garden in San Jose Sells for $18.5 Million
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