638 Hale Rd - Apartments FOR SALE


Lodi, CA 95240
$2,425,000 USD
209-401-9085
638 Hale Rd, Lodi, CA for Sale
$2,425,000 USD
Apartments - FOR SALE
1/6
null | 6.62% Cap Rate

638 Hale Rd
Lodi, CA 95240


HIGHLIGHTS

  • Professionally managed apartment complex grossing over $20k/mo – A CASH COW!!!!
  • 13 of the 15 units have been fully remodeled with new kitchens, bathrooms, flooring, appliances
  • Located in the highly sought after Lodi rental market
  • Prime location near shopping, dining, and HWY 99 access
  • Onsite amenities include: Laundry, parking, and high definition security cameras

OVERVIEW

The Central Valley Investment Team is pleased to present The Hale Road Apartments, a professionally managed, income generating asset located at 638 Hale Road in Lodi, CA. This 15- unit complex is a true cash-flow opportunity, currently grossing over $20,000 per month. Thirteen of the fifteen units have been fully remodeled, featuring upgraded kitchens, modern bathrooms, new flooring, and updated appliances, positioning the property as a turnkey investment with strong in-place income. Ideally located in the highly sought-after Lodi rental market, the property offers tenants convenient access to shopping, dining, and Highway 99. Onsite amenities include laundry facilities, dedicated parking, and high-definition security cameras, enhancing both tenant satisfaction and property oversight. The Hale Road Apartments represent a rare chance to acquire a stabilized, high-performing asset in one of the Central Valley’s most desirable submarkets.

FOR SALE DETAILS

PRICE

$2,425,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

15

PRICE/UNIT

$161,667

CAP RATE

6.62%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hale Road Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

RL

APN/PARCEL ID

047-440-51

ASK ABOUT THIS PROPERTY

Andy HodgsonColliersMore Info
209-401-9085

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Andy HodgsonColliersMore Info
209-401-9085

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