The Acacia Garden Homes present an attractive multifamily investment opportunity consisting of 16 spacious 2-bedroom, 2-bathroom garden-style units in one of Tracy’s most desirable locations. Twelve units were built in 1987 and four in 1991, with each approximately ±1,100 square feet. Each unit features highly desirable amenities including private fenced yards, in-unit washer and dryer hookups, wood-burning fireplaces, and remote-controlled two-car garages. Each fourplex is situated on its own APN, providing additional flexibility for investors. The property offers significant immediate upside, with in-place rents reflecting an approximately 33% loss-to-lease and creating substantial NOI growth potential as units turn and rents are brought closer to market. The combination of spacious floor plans, strong tenant amenities, and below-market in-place rents provides investors with an opportunity to increase revenue while maintaining a highly desirable unit mix. Located in the thriving Tracy market, the property benefits from strong housing demand, an affluent tenant base, and convenient Bay Area access, making it particularly attractive to commuters and renters seeking a location west of I-5. Positioned along a busy retail corridor anchored by national brands, Acacia Garden Homes offer a compelling combination of location, rental upside, and long-term investment potential.