For Sale
For Sale
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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.
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 TypeOffice
- Sale Price$650,000
- Total Acres0.1
- Last updatedMay 25, 2021
- Property ID2189355