The Bee Apartments offer a 17-unit multifamily investment located at 1002 Geer Road in Turlock. The property features a wide unit mix, ranging from a 260 SF Studio to a spacious 4-BD, 2.5- BA unit (1,669 SF), with the majority made up of large 1,065 SF 2-BD, 1.5-BA Townhomes. The property has been recently renovated, giving investors a clean, stabilized asset with strong in-place income and limited near-term capital needs. The updated condition helps drive tenant demand while supporting long-term retention.
Located just minutes from Downtown Turlock, residents enjoy easy access to local dining, retail, and major drivers like California State University, Stanislaus and Highway 99. Offered at $2,995,000, The Bee Apartments provide a solid 7.32% cap rate in a steady, high-demand Central Valley rental market.