Listing provided courtesy of Michael Song of JM Commercial Properties, Inc.. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 Sandicor.
Asking Price: $8,000,000
4404 Manchester, Stockton CA 95207
Community: STCK - Stockton
This property was built in 1970 and is priced at $8,000,000. Please see the additional details below.
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.
