527 N Pilgrim St | Stockton, CA 95205
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- LoopNet Team
527 N Pilgrim St
Stockton, CA 95205
Pilgrim Street Apartments · Multifamily Property For Sale
·
27 Units
INVESTMENT HIGHLIGHTS
- Stabilized apartment asset in a competitive market with low vacancy and rising rents.
- Recent capital expenditures include a new roof coating with a 3-year warranty, exterior paint, anddual-pane windows throughout.
- Additional amenities include on-site laundry, gated access, and secured parking.
- Mostly 2-bedroom units.
- Attractive in-place 6%+ cap rate, priced well below replacement cost.
- Resurfaced parking lot.
PROPERTY FACTS
| No. Units | 27 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 16,520 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Zoning | R-3, Stockton | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 16,520 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | R-3, Stockton |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | 450 |
| 2+1 | 20 | - | 680 |
PROPERTY TAXES
| Parcel Number | 151-080-35 | Improvements Assessment | $1,908,544 |
| Land Assessment | $502,161 | Total Assessment | $2,410,705 |
PROPERTY TAXES
Parcel Number
151-080-35
Land Assessment
$502,161
Improvements Assessment
$1,908,544
Total Assessment
$2,410,705
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