Description
This is an attractive value-add multifamily investment opportunity consisting of 12 units, including (10) studios and (2) one-bedroom units. With two units currently vacant, a new owner has the ability to complete light cosmetic renovations and lease the units at market rents, creating immediate upside in both income and overall property value. The property is well-located near major employment and demand drivers such as St. Joseph's Medical Center, Stanislaus State-Stockton Campus, the University of the Pacific, and nearby entertainment venues including Banner Island Ballpark, supporting strong and consistent tenant demand.
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12BEDS
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0.09ACRES
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12BATHS
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01/2 BATHS
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5,014SQFT
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$189$/SQFT
School Information
Description
This is an attractive value-add multifamily investment opportunity consisting of 12 units, including (10) studios and (2) one-bedroom units. With two units currently vacant, a new owner has the ability to complete light cosmetic renovations and lease the units at market rents, creating immediate upside in both income and overall property value. The property is well-located near major employment and demand drivers such as St. Joseph's Medical Center, Stanislaus State-Stockton Campus, the University of the Pacific, and nearby entertainment venues including Banner Island Ballpark, supporting strong and consistent tenant demand.
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