322 W Park St - Apartments FOR SALE


Stockton, CA 95203- Downtown Stockton
$2,495,000 USD
209-331-3184
322 W Park St, Stockton, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/3
null | 7.04% Cap Rate

322 W Park St
Stockton, CA 95203
Downtown Stockton


OVERVIEW

Colliers Central Valley Investment Team is pleased to present the Park Villa Apartments, a well-maintained 25-unit multifamily community, located at 322 W. Park Street, in Stockton’s established Downtown neighborhood. The property features a desirable mix of twenty-three (23) 500 SF Studio units, one (1) 650 SF 1-bedroom/1-bath unit, and one (1) 850 SF 2-bedroom/1-bath unit. With 15 of the 25 units already remodeled, the asset offers an attractive combination of in-place income and continued value-add potential while delivering a strong 7.04% cap rate. Residents benefit from convenient access to Downtown Stockton’s dining, shopping, and entertainment options, as well as nearby employers and public transportation. The property is just minutes from the waterfront, local retail centers, and educational institutions, including the University of the Pacific, making it appealing to a broad tenant base seeking affordability and accessibility.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

25

PRICE/UNIT

$99,800

CAP RATE

7.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Park Villa Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R-1

APN/PARCEL ID

137-201-05

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.