3939 N Pershing AVE, Stockton, CA 95207 – ML81483339

$6,000,000

Est. payment -/mo

Est.Price: ?

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6 Beds

1.5 Baths

51,664 SqFt

SOLD DATE : 08/23/2017

Key Details

Sold Price $6,000,000

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 51,664 sqft

Price per Sqft $116

MLS Listing ID ML81483339

Bedrooms 6

Full Baths 1

Half Baths 1

Year Built 1977

Lot Size 2.850 Acres

Property Description

The Brookside Apartments is a two-story 102-unit apartment complex across the street from the University of the Pacific. It is comprised of (10) 2bd/1ba and (92) 1bd/1ba with a total of 54,025 sq ft of rentable space on 2.85 Acres. There is a swimming pool and large laundry facility on site. The Brookside Apartments has a history of high occupancy and produces a secure income stream. Rents are currently below market. The cap rate is based upon market rents and current expenses.

Location

State CA

County San Joaquin

Zoning R

Interior

Heating Gas

Flooring Carpet, Granite, Hardwood, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Garage Common Parking Area

Pool Pool - Fenced, Pool - Heated, Pool - In Ground, Pool - Indoor, Other

Utilities Available Other

Roof Type Flat / Low Pitch

Building

Foundation Other

Sewer Sewer Connected

Water Other

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Listed by William Harrigan • Intero Real Estate Services
Bought with William Harrigan • NTERO

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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