101 De Force Ave - Apartments FOR SALE


Lodi, CA 95240
$950,000 USD
209-331-3184
101 De Force Ave, Lodi, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/4
null | 6.03% Cap Rate

101 De Force Ave
Lodi, CA 95240


HIGHLIGHTS

  • Individually Metered Units - Each unit has separate meters, lowering owner utility costs and simplifying billing.
  • Charming Residential Setting - Quiet, tree-lined neighborhood close to city amenities.
  • Strong Upside Potential - Below-market rents offer room for increases and upgrades.
  • Prime Lodi Location - One block from Downtown, near shops, restaurants, and new developments.
  • Walkable Lifestyle - Downtown cafes, boutiques, and entertainment are steps away.

OVERVIEW

The Central Valley Investment Team is pleased to offer the De Force Apartments, a seven-unit complex located just one block north of Downtown Lodi at the corner of School Street and De Force Avenue. Each unit features one bedroom and one bathroom, and several have been recently updated with new flooring, cabinets, appliances, and fresh paint. The property sits in a quiet residential neighborhood and is within walking distance of Lodi’s growing downtown scene. With individually metered units and below-market rents, the De Force Apartments present a strong value-add opportunity. Starting January 1st, ownership will take on utility responsibilities, but tenants will be charged a fee to offset costs. The vibrant rental market and desirable location make this a compelling investment in one of Central Valley’s most dynamic rental markets. 2% procuring brokerage fee.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

7

PRICE/UNIT

$135,714

CAP RATE

6.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The De Force Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

N/A

APN/PARCEL ID

041-162-08

ASK ABOUT THIS PROPERTY

Adam LucatelloColliersMore Info
209-331-3184

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Adam LucatelloColliersMore Info
209-331-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.