4404 Manchester Avenue
Stockton, CA 95207
16896 sqft | 1.63 acres | #24459187
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.
Property Details
- Stories2
Measurements
- Square Feet16896
- Acres1.63
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1970
Community and Neighborhood Details
- CountySan Joaquin
Financial Details
- Original List Price$8,000,000
Other
- MLS #24459187
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Song (#CLW-C128508)
Listing Office: JM Commercial Properties, Inc. (#CLW-X78167)
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