The Watermark at Almaden

Type

Development

Size

200 Units

Asset Type

Multifamily

Strategy

Opportunistic

The Watermark at Almaden is a 203,993 SF Class-A senior housing development in San Jose, CA. The four-story facility includes 200 units and 107 parking spaces on 3.35 acres. The Watermark at Almaden includes independent living, assisted living and memory care.

Affinius Capital partnered with Alliance Residential, a highly-qualified national developer with a significant presence in the San Francisco Bay Area and the Pacific Northwest.

Projects Highlights

Affinius Capital's first ground-up development in the San Jose-Silicon Valley market.

Centrally located in the southwest San Jose submarket, which borders high-income residential neighborhoods such as Los Gatos, Campbell, and Almaden Valley.

The site has excellent street frontage access with significant visibility from both Almaden Expressway and Branham Lane. The area is well served by the main East-West State Route 85 providing quick access to and from nearby affluent neighborhoods.

Status

The Watermark at Almaden delivered in 2020.

Location

4606 Almaden Expressway
San Jose CA 95118

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