3704 Bonnie Ln - Apartments FOR SALE


Stockton, CA 95204- Country Club/Pacific
$1,330,000 USD
510-449-5990
3704 Bonnie Ln, Stockton, CA for Sale
$1,330,000 USD
Apartments - FOR SALE
1/8
null | 7.26% Cap Rate

3704 Bonnie Ln
Stockton, CA 95204
Country Club/Pacific


HIGHLIGHTS

  • unique floor plan featuring 1100 sq size units, newer roof 2 years old, new water heater remodled 3 units

OVERVIEW

The property currently generates $10,850 in gross monthly income, including $300 per month from on-site laundry facilities, providing immediate and reliable income. Conveniently located near the University of the Pacific, shopping centers, restaurants, schools, parks, and major commuter routes, the property benefits from strong tenant demand and a desirable rental location. Offered at $1,330,000, the property provides an estimated Net Operating Income (NOI) of approximately $95,440 and an attractive 7.18% capitalization rate. With stable occupancy, consistent rental income, and a prime location, 3704 Bonnie Lane represents an excellent opportunity to acquire a quality multifamily asset with long-term investment potential.

FOR SALE DETAILS

PRICE

$1,330,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

6

PRICE/UNIT

$221,667

CAP RATE

7.26%

% 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

7,405 SF

ZONING

R2

APN/PARCEL ID

115-040-04

ASK ABOUT THIS PROPERTY

Mariam HosseiniRoyalty Real EstateMore Info
510-449-5990

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Mariam HosseiniRoyalty Real EstateMore Info
510-449-5990

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