Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
Email: [email protected]
We are pleased to present the Legacy Apartments, a thirty-six (36) unit apartment building with gated parking lot on two (2) contiguous parcels. The Legacy Apartments is a unique opportunity for an investor to acquire a sizable asset located in the Downtown Submarket of Stockton, CA with a strong historical occupancy and solid value add characteristics. Built in 1917, the Legacy Apartments feature twenty (20) studio units, approximately 400 square feet in size, twelve (12) one-bedroom/one-bathroom units, approximately 500 square feet in size, and four (4) two-bedroom/one-bathroom units of various sizes. Building amenities include onsite laundry, a large unique basement, and secure, private parking on its own parcel. Recent capital expenses include exterior paint and dual pane windows. The Legacy Apartments offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market. Do not disturb tenants.
