6131 Gettysburg Place, Stockton, CA 95207
- $9,985,000
- List Price
- $9,985,000
- Status
- ACTIVE
- MLS#
- ML82063779
- Year Built
- 1973
- Lot Size
- 79,715
- Acres
- 1.83
- Days on Market
- 1
- Property Type
- Commercial
Property Description
53 apartments in four two-story buildings, built in 1972: 31 two-bedroom/one-bath and 22 one-bedroom/one-bath units in about 36,042 SF on a 1.85-acre lot. Gated garden community in Stockton's established Lincoln Village neighborhood, with spacious floor plans set around newly landscaped grounds with new sprinklers and sod. About 80% of units have been renovated, with electrical mains and subpanels replaced in 2025, about two-thirds of the HVAC units replaced, and a newly resurfaced parking lot with about 1.5 spaces per unit. Gas and electric are separately metered, and RUBS is in place on some units. Market rents run about 25% above in-place rents. In the Lincoln Unified School District, about half a mile from Lincoln Center shopping and dining, and close to Delta College, University of the Pacific and I-5. 6.77% current cap; 7.85% pro forma cap at market rents. 100% occupied per the rent roll.
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Additional Information
- Taxes
- $105,742
- Cooling
- Yes
- Roof
- Other
- Water
- Other
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $932,952
- Parking Spaces
- 79
- School District
- Other
Listing courtesy of Listing Agent: Alina Siert (alina@siertgroup.com) from Listing Office: KW Advisors.
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