SAN JOSE, CALIF. — Decron Properties has acquired Willow Creek, a multifamily property located at 935 Willowleaf Drive in San Jose. An undisclosed seller sold the property for $84.6 million.
Built in 1985, Willow Creek features 208 apartments in a mix of one- and two-bedroom floor plans. All units include full-size washers and dryers, central heating and air conditioning, walk-in closets, patios or balconies, and enclosed garages or covered parking. Community amenities include two resort-style pools and spas with poolside Wi-Fi access, a health and fitness center, a lighted tennis court, a children’s play area and landscaped courtyards.
Salvatore Saglimbeni, Stanford Jones and Philip Saglimbeni of Institutional Property Advisors’ Palo Alto, Calif., office represented the seller in the transaction.