• CALARIVA DRIVE APARTMENTS - 2677 Calariva Dr, Stockton, CA 95204

For Sale

Office

For Sale

This property is available for sale
0.1
Acres
$650,000
Sale Price
  • Overview

    Colliers International’s Central Valley Investment Team is proud to present the Calariva Apartments, located at 2677 Calariva Dr, in the bustling Central Valley city of Stockton, California, the largest city in San Joaquin County. This offering presents investors with a well-located, well-maintained 5-unit multifamily asset in a market with strong rent growth and a trend of compressing cap rates.

    Sale Note
    The Calariva Apartments is a 5-unit complex with (4) 2-bedrooms and (1) studio. The property has had a majority of the heavy lifting done – all the windows on the property have been replaced and 3 of the 5 units have been completely remodeled including cabinets, countertops, flooring, and appliances. The property has been newly landscaped providing the property with great curb-appeal. The Calariva Apartments also present the investor with an opportunity to increase their return by capitalizing on unclear market rents.

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Property Details

Colliers International’s Central Valley Investment Team is proud to present the Calariva Apartments, located at 2677 Calariva Dr, in the bustling Central Valley city of Stockton, California, the largest city in San Joaquin County. This offering presents investors with a well-located, well-maintained 5-unit multifamily asset in a market with strong rent growth and a trend of compressing cap rates.

Sale Note
The Calariva Apartments is a 5-unit complex with (4) 2-bedrooms and (1) studio. The property has had a majority of the heavy lifting done – all the windows on the property have been replaced and 3 of the 5 units have been completely remodeled including cabinets, countertops, flooring, and appliances. The property has been newly landscaped providing the property with great curb-appeal. The Calariva Apartments also present the investor with an opportunity to increase their return by capitalizing on unclear market rents.

  • Property Type
    Office
  • Sale Price
    $650,000
  • Total Acres
    0.1
  • Last updated
    May 25, 2021
  • Property ID
    2189355

Landlord's Sales Representatives

  • Adam Lucatello
    Colliers | Stockton
     
  • Jacob Friedrich
    Colliers | Stockton