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1905 N El Dorado St
Stockton, CA 95204 Country Club/Pacific

$2,450,000 USD

Apartments For Sale  •  11,158 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,158 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1971
  • Zoning R-3, Stockton
42 Transit Score
89 Walk Score

Highlights

Offered at an attractive Basis $122,500 Per Unit.
Features 100% Townhouse Style Floor Plans.
6.12% Current Cap Rate Underwritten to a Realistic 45% Expense Load.
Rents Approximately 13% Below Market, Offering Clear Value-Add Upside Through Operational Improvements.
Projected Cash-on-Cash Return Approaching 8% Upon Stabilization.
SB-721 Compliant.

Amenities

  • Air Conditioning
  • Balcony
  • Laundry Facilities
  • Microwave
  • Gated
  • Refrigerator
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Stockton (Altamont Corridor Express - Altamont Commuter Express (ACE)) 5 min - 2.0 mi
5 min - 2.2 mi
AirportDriveWalkDistance
Stockton Metro 15 min - 7.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Isaac Merritt 530-401-1885 ALIVE Commercial Real Estate
Isaac Merritt 530-401-1885 ALIVE Commercial Real Estate