215 Coventry Dr - Apartments FOR SALE


Stockton, CA 95207- Weberstown/Kentfield
$745,000 USD
209-832-0679
215 Coventry Dr, Stockton, CA for Sale
$745,000 USD
Apartments - FOR SALE
1/12
null | 7.5% Cap Rate

215 Coventry Dr
Stockton, CA 95207
Weberstown/Kentfield


OVERVIEW

Rare 4 Plex Townhouse style units. Total Building size is 4,508 square feet. 2 units have approx.1,050 SF, 2 bedrooms, 1.5 baths & private patio, and 2 units have approx. 1,225 square feet, 3 Beds, 2.5 Baths, & private patios with abundant storage cabinets & closets, kitchen with dining space, and central HVAC systems. Tile floors downstairs and upstairs bathrooms, bedrooms & bathrooms have Wood Type Laminate. Fresh exterior paint, off street parking w/5reserved spaces in parking lot, and double pane windows installed in 2012. Within walking distance are laundromat, grocery store, city park, school bus stop, & public bus linking to downtown, Weberstown shops & Delta Community College. All units have below market rents, occupied by long-term tenants with good income, presenting stable income from rent, plus possible income from a potential laundry room. This property offers an ideal investment opportunity with significant potential for upside cashflow.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

4

PRICE/UNIT

$186,250

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,218 SF

ZONING

R-3, Stockton

APN/PARCEL ID

104-110-10

ASK ABOUT THIS PROPERTY

David OrmondeColdwell Banker Valley CentralMore Info
209-832-0679

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David OrmondeColdwell Banker Valley CentralMore Info
209-832-0679

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