625 N Commerce St | Stockton, CA 95202
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
625 N Commerce St
Stockton, CA 95202
The Commerce Apartments · Multifamily Property For Sale · 15 Units
INVESTMENT HIGHLIGHTS
- Stabilized, turnkey apartment asset with a 6.18% cap rate on current income and priced well below replacement cost.
- Primarily made up of 1x1s, Downtown Stockton’s most popular unit type.
- Recent improvements include roof, sewer main replacement and 6 of the 15 units being turned.
- Excellent location, near Downtown Stockton’s Waterfront Entertainment Zone.
- Gated, secure parking and entry with brand new HD camera security system.
PROPERTY FACTS
| No. Units | 15 | Building Size | 7,368 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 3.26/1,000 SF |
| Lot Size | 0.34 AC |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 7,368 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 3.26/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 462 |
| 3+2 | 1 | - | 900 |
PROPERTY TAXES
| Parcel Number | 137-190-12 | Improvements Assessment | $1,167,328 |
| Land Assessment | $424,483 | Total Assessment | $1,591,811 |
PROPERTY TAXES
Parcel Number
137-190-12
Land Assessment
$424,483
Improvements Assessment
$1,167,328
Total Assessment
$1,591,811
ZONING
| Zoning Code | High Density Residential |
| High Density Residential |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
