CA > Stockton
Stockton, CA 95207,4404 Manchester Ave
Stockton, CA 95207,4404 Manchester Ave
Stockton, CA 95207,4404 Manchester Ave
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$8,000,000
Est. payment /mo
16,896 SqFt
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UPDATED:

11/09/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,896 sqft

Price per Sqft $473

MLS Listing ID 24-459187

Year Built 1970

Lot Size 1.630 Acres

Acres 1.63

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 Stockton

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Air Conditioning

Flooring Carpet, Tile

Equipment Microwave, Range/Oven, Refrigerator

Laundry Community

Exterior

Garage Uncovered

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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Listed by JM Commercial Properties, Inc.

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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