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4416 Precissi Ln
Stockton, CA 95207
The Cottage Apartments · Immeuble residentiel Propriété À vendre
·
40 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- All units are desirable two-bed two-bath floorplans, including upstairs lofted ceilings
- High demand from the University of Pacific school of pharmacy, just 0.4 miles away
- Value-add opportunity to raise rents by providing in-unit laundry
- Modern construction minimizes maintenance costs and simplifies insurance requirements
- Spacious floorplans, in-unit W/D hookups, gated access, concrete parking lot with covered parking and mature, lush landscape
- Potential to repurpose existing laundry facility and leasing office into ADU
Résumé de l'annonce
The DeLoney Group of Marcus & Millichap is proud to present The Cottages, a meticulously maintained 40-unit apartment community, built in 2002 and located adjacent to
the University of the Pacific in Stockton, California. The offering, for sale for the very first time, exclusively features two bedroom / two bathroom units, each spanning a
generous 944 square feet.
While not deeded as a student property, The Cottages has naturally attracted students from the Thomas J. Long School of Pharmacy, which is located just 0.4 miles away. The
property’s spacious floor plans, particularly the rare two-bedroom, two-bathroom layouts, provide tenants with privacy—making them especially popular among roommates.
In addition to the thoughtful unit designs, the property offers a low-density environment, covered parking, gated access, and lush landscaping, all of which distinguish it from
competing properties in the area.
Located in the heart of the Central Valley, The Cottages benefits from direct access to major employment centers such as the Bay Area, Silicon Valley, and Sacramento. The
city is well-served by key highways, including I-5 and CA-99, making it an ideal hub for residential living and commuting professionals. With Stockton’s steady population
growth and a lack of new construction in the region, the demand for rentals is projected to continue rising, which will likely put upward pressure on rents.
he new owner of Cottages can add value by eroding the approximate 12% loss to lease on the rent roll upon lease renewal. As a property built in 2002, it combines the
advantages of newer construction with a relatively low unit count, a very rare combination in today’s marketplace. The property is stable, low-maintenance, and provides a
clear path to upside through strategic rent adjustments.
Please contact The DeLoney Group for more information or tours. Please do not disturb residents or management.
the University of the Pacific in Stockton, California. The offering, for sale for the very first time, exclusively features two bedroom / two bathroom units, each spanning a
generous 944 square feet.
While not deeded as a student property, The Cottages has naturally attracted students from the Thomas J. Long School of Pharmacy, which is located just 0.4 miles away. The
property’s spacious floor plans, particularly the rare two-bedroom, two-bathroom layouts, provide tenants with privacy—making them especially popular among roommates.
In addition to the thoughtful unit designs, the property offers a low-density environment, covered parking, gated access, and lush landscaping, all of which distinguish it from
competing properties in the area.
Located in the heart of the Central Valley, The Cottages benefits from direct access to major employment centers such as the Bay Area, Silicon Valley, and Sacramento. The
city is well-served by key highways, including I-5 and CA-99, making it an ideal hub for residential living and commuting professionals. With Stockton’s steady population
growth and a lack of new construction in the region, the demand for rentals is projected to continue rising, which will likely put upward pressure on rents.
he new owner of Cottages can add value by eroding the approximate 12% loss to lease on the rent roll upon lease renewal. As a property built in 2002, it combines the
advantages of newer construction with a relatively low unit count, a very rare combination in today’s marketplace. The property is stable, low-maintenance, and provides a
clear path to upside through strategic rent adjustments.
Please contact The DeLoney Group for more information or tours. Please do not disturb residents or management.
Faits sur la propriété
| Prix par unité | 294 167 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 1,93 AC |
| Taux de capitalisation | 6,01% | Taille du bâtiment | 37 760 pi² |
| Nombre d’unités | 40 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 2002 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,39/1 000 pi² |
| Style d’appartement | Jardin | ||
| Zonage | CO | ||
| Prix par unité | 294 167 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,01% |
| Nombre d’unités | 40 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | B |
| Taille du lot | 1,93 AC |
| Taille du bâtiment | 37 760 pi² |
| Nombre d’étages | 2 |
| Année de construction | 2002 |
| Ratio de stationnement | 1,39/1 000 pi² |
| Zonage | CO |
Commodités
Commodités des unités
- Climatisation
- Balcon
- Lave-vaisselle
- Traitement des déchets
- Connexions pour laveuse/Sécheuse
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Voûte
- Fourchette
- Walk-in
- Tapis
- Pelouse
- Patio
- Porche
- Accessible aux fauteuils roulants (chambres)
Commodités du site
- Accès contrôlé
- Cour
- Installations de lessive
- Clôturé
- Grill
- Collecte d'ordures - sur rue
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2 | 40 | - | 944 |
Impôts fonciers
| Numéro de lot | 110-420-12 | Évaluation des bâtiments | 4 824 494 $ CAD |
| Évaluation du terrain | 141 221 $ CAD | Évaluation totale | 4 965 715 $ CAD |
Impôts fonciers
Numéro de lot
110-420-12
Évaluation du terrain
141 221 $ CAD
Évaluation des bâtiments
4 824 494 $ CAD
Évaluation totale
4 965 715 $ CAD
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