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Intero Real Estate Services
126 E Jamestown Street, Stockton, CA 95207
- $5,500,000
- 91
- BD
- 36,960
- SqFt
- List Price
- $5,500,000
- MLS#
- 226074854
- Property Type
- Multifamily
- Bedrooms
- 91
- Sqft. of Residence
- 36,960
- Lot Size
- 83,635
- Region
- 20705
- Status
- CONTINGENT - NO SHOW
- County
- San Joaquin
- Acres
- 1.92
- Year Built
- 1965
- Parking Spaces
- 60
Property Description
126 E Jamestown St. is a premier 50-unit apartment community positioned on an expansive 1.92-acre lot located in Stockton, California. This low-maintenance asset features a highly desirable unit mix of 16 one-bedroom, 30 two-bedroom, and 4 three-bedroom floor plans. Current ownership has heavily de-risked the asset by executing extensive interior and exterior renovations, including a brand-new roof (2024) and the installation of solar panels to dramatically offset common area utility costs. With a majority of the units already boasting modern flooring, updated countertops, and upgraded fixtures, this investment offers a turn-key operational foundation with a proven blueprint for growth. Incoming ownership can immediately capitalize on the remaining unrenovated units to capture premium market rents upon turnover.
Additional Information
- Construction
- Other
- Floors
- Luxury Vinyl Plank, Wood, Tile
- Foundation
- Other
- Living Area
- 36,960
- Lot Size
- 83,635
- Possession
- Close Of Escrow
- Region
- 20705
- Units
- 50
- Utilities
- Other
- Zoning
- Multifamily Residential
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Listing courtesy of Kidder Mathews.