807 N El Dorado St - Apartments FOR SALE


Stockton, CA 95202
$2,299,998 USD
209-510-4090
807 N El Dorado St, Stockton, CA for Sale
$2,299,998 USD
Apartments - FOR SALE
1/24
null | 10% Cap Rate

807 N El Dorado St
Stockton, CA 95202


OVERVIEW

Investment Opportunity: 47-Unit Apartment Building in Stockton, CA Fantastic opportunity for investors! This 47-unit apartment building in Stockton, CA, is fully vacant and ready for a complete rehab. With a new roof already installed, the property is primed for an investor to come in and finish the renovations, making it the perfect value-add project. Stockton is a rapidly growing market with strong demand for rental housing, positioning this property for substantial upside. The area is experiencing economic growth, with rising rental rates and an influx of new development, making it an ideal location for long-term investment. The property is conveniently located near schools, shopping centers, and major highways, ensuring easy access for future tenants. After completing the rehab, this building has the potential to attract high-quality tenants and generate significant cash flow. With Stockton's expanding economy and favorable rental market trends, this investment offers strong potential for both immediate returns and long-term appreciation. Seller financing available for qualified buyers, providing a unique and flexible financing option for those looking to maximize their investment potential. This is a rare opportunity to acquire a prime asset in a growing market with substantial upside potential. Don’t miss out on the chance to transform this property into a high-performing, cash-flowing investment!

FOR SALE DETAILS

PRICE

$2,299,998 USD

PRICE/SF

$66 USD /SF

# OF UNITS

47

PRICE/UNIT

$48,936

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mayfair Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1935

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CO

APN/PARCEL ID

139-051-04

ASK ABOUT THIS PROPERTY

209-510-4090

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209-510-4090

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