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8905 - 8941 Davis Road - Davis Oaks, Stockton, CA

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8905 - 8941 Davis Road - Davis Oaks

Stockton, CA 95209 - Stonewood MF Submarket

Property Type:Multi-Family Number of Units:40 Status:Existing Year Built:2004
Stories:2 Building Size:77,066 SF Land Area:3.05 AC (132,932 SF)
For Sale Price:$4,495,000 Price/Unit:$112,375.00 Cap Rate:6.74 % GRM:-

Parking:2 Parking Spaces / 1,000 SF

Property Description: Multi Family - 80 Units

Apartment Unit: townhouse

Sale Notes:
The Davis Oaks Apartments was built in 2004, originally an 80 unit apartment. Converted to a condominium July 17, 2006...40 units remain owned by the original contractor. Crown molding and paneled doors in ech unit.There is a dated Public Report along with the CC&R's. Active homeowners association. Dues approximately $180.00 per month.

{Lodi Unified School District}-8905 Davis Road. Near the Elkhorn Country Club in Northwest Stockton. Twelve buildings, ten of the original twenty two garages go with the 40 units. Tenants maintain their own rental insurance. 1.5 parking spaces per unit.

John Tars Company
John K McCoy
(209) 601-3987

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