See all 6 photos

$8,000,000

Est. payment - /mo

Save

16,896 SqFt

New

4404 Manchester AVE Stockton, CA 95207

Save

In-PersonVirtual Tour

Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

11/01/2024 09:03 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,896 sqft

Price per Sqft $473

MLS Listing ID 24459187

HOA Y/N No

Year Built 1970

Lot Size 1.630 Acres

Property Description

Located at 4404 Manchester Avenue, Stockton, CA, Townhouse Pacifica Apartments presents a prime investment opportunity in a growing rental market. This well-maintained 38-unit building, consisting 37 of two-bedroom units and 1 unit of four-bedroom, offers stable cash flow and long-term appreciation. With low vacancy rates and strong tenant demand, the property provides reliable income.The property's location near major employment centers, San Joaquin Delta College, and the University of the Pacificjust a 10-minute walk awaymakes it highly appealing to renters. Easy access to Interstate 5 ensures quick commutes to Sacramento, San Jose, and San Francisco, while Downtown Stockton, just 3 miles away, offers convenient dining, shopping, and entertainment options.Situated in the desirable Weberstown/Kentfield neighborhood, the property benefits from nearby parks, shopping centers, and restaurants, attracting a diverse tenant base. This diversity enhances its resilience against economic fluctuations.With rising property values and rental rates in Stockton, the property offers significant upside potential through renovations and upgrades, ensuring strong returns and future growth.

Location

State CA

County San Joaquin

Area Stck - Stockton

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Flooring Carpet, Tile

Fireplace No

Appliance Gas Range, Microwave, Oven, Refrigerator

Laundry Common Area

Exterior

Garage Uncovered

Community Features Gated

Parking Type Uncovered

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 11022022

Security Features Gated Community

Special Listing Condition Standard

Listed by Michael Song • JM Commercial Properties, Inc.

Get More Information

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

Quick Search