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625 N Commerce St
Stockton, CA 95202

$1,687,500 USD

Apartments For Sale  •  8,517 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,368 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1961
  • Zoning High Density Residential
52 Transit Score
86 Walk Score

Highlights

Stabilized, turnkey apartment asset with a 6.18% cap rate on current income and priced well below replacement cost.
Excellent location, near Downtown Stockton’s Waterfront Entertainment Zone.
Primarily made up of 1x1s, Downtown Stockton’s most popular unit type.
Gated, secure parking and entry with brand new HD camera security system.
Recent improvements include roof, sewer main replacement and 6 of the 15 units being turned.

Public Transportation

Commuter RailDriveWalkDistance
Stockton (Altamont Corridor Express - Altamont Commuter Express (ACE)) 2 min 20 min 1.0 mi
Stockton (San Joaquins - Amtrak) 3 min - 1.3 mi
AirportDriveWalkDistance
Stockton Metro 12 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Andy Hodgson 209-401-9085 Colliers
Andy Hodgson 209-401-9085 Colliers