The Grad San José presents a tremendous opportunity to own a 260-unit, high-rise, trophy property just steps from SJSU where enrollment has grown by 23 percent over the past five years. With occupancy currently at 99 percent and preleasing for the 2026-27 school year already over 70 percent, it offers a new investor stabilized cash flow and long-term rent growth potential.
COMPLETED IN 2020, The Grad San José is a 260-unit, 1,035-bed, luxury, purpose-built student housing community near the growing San José State University (SJSU) in San José, CA. Rising 19 stories just one block from campus, The Grad offers a premier pedestrian location, and solid leasing performance in the heart of Silicon Valley. The asset is surrounded by a vibrant mix of retail, dining, and entertainment options and is within walking distance of Downtown San José’s rapidly expanding tech and cultural corridor.
The Grad offers individual leases across a mix of studios through four-bedrooms, featuring floor-to-ceiling views of downtown San José, wood-style flooring, granite countertops with bar seating, modern fixtures, and stainless-steel appliances. A resort-style rooftop pool with Jumbotron, expansive fitness and yoga facilities, dedicated study rooms on every floor, computer lab, and building-wide high-speed Wi‑Fi create a best-in-class amenity package,
The property presents a rare opportunity to own a trophy, core-plus student housing asset anchored by more than 40,000 SJSU students in one of the wealthiest and most innovation-driven markets in the world. With current occupancy at 99 percent for the 2025-2026 school year and preleasing already above 70 percent for AY 2026-2027, well ahead of the market, the asset offers immediate income security, strong pricing power, and long-term rent growth potential in an irreplaceable infill location.