The Rose Apartments present a strong 14-unit investment opportunity located at 420 E. Rose Street in Stockton, CA. Offering a very favorable current cap rate of 7.74%, this property delivers immediate income with potential for long-term upside. The unit mix is comprised of ten (10) two-bedroom, one-bath units and four (4) one-bedroom, one-bath units, which appeals to a broad range of tenants, ensuring stable occupancy and consistent demand.
Significant capital improvements further enhance the property’s appeal, with 12 of the 14 units fully remodeled to modern standards. All electrical panels have been recently upgraded to Square D, providing added safety and reliability for ownership and residents alike. The combination of strong financial performance, desirable unit mix, and extensive renovations make The Rose Apartments a turnkey multifamily asset in a prime Stockton location.