525 N Lincoln St - Apartments FOR SALE


Stockton, CA 95203- Downtown Stockton
$1,585,000 USD
209-475-5128
525 N Lincoln St, Stockton, CA for Sale
$1,585,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

525 N Lincoln St
Stockton, CA 95203
Downtown Stockton


HIGHLIGHTS

  • Opportunity for an investor to purchase a stabilized apartment asset in a competitive market with low vacancy and rising rents.
  • Several recent capital expenditures include a new roof coating with a 3-year warranty, exterior paint, and dual-pane windows throughout.
  • Attractive in-place 6%+ cap rate and priced below replacement cost.
  • Additional amenities include on-site laundry, gate access, and secured parking.
  • Available separately or as part of a 3-property, 63-unit portfolio. Please inquire for more details.

OVERVIEW

Located in the heart of Stockton, California, 525 N Lincoln Rd offers an excellent opportunity for both residential and commercial prospects. This prime property is situated in a well-established area with easy access to major highways, shopping centers, dining options, and local amenities, making it a highly desirable location for residential tenants. The property features a spacious lot with a versatile layout, offering One (1) two-bedroom unit (approximately 893 sq. ft.) and Fifteen (15) one-bedroom units (approximately 630 sq. ft.). Ownership has recently made substantial investments in capital improvements, including the installation of a new roof coating (with a 3-year warranty), exterior painting, and the replacement of all windows with energy-efficient dual-pane models. Stockton, a rapidly growing city in California's Central Valley, is known for its vibrant community, diverse culture, and a wide variety of recreational opportunities. Its favorable location and continued development make this property an attractive choice for both tenants and investors. With its strategic position and enhanced features, 525 N Lincoln Rd stands as a valuable asset in one of California’s most promising and evolving regions.

FOR SALE DETAILS

PRICE

$1,585,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

16

PRICE/UNIT

$99,063

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

137-214-07

ASK ABOUT THIS PROPERTY

Jake KingColliersMore Info
209-475-5128

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Jake KingColliersMore Info
209-475-5128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.