This property is Off-Market

1011 Rosemarie Lane
Stockton, CA 95207 ·

126 Units · Multifamily For Sale

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The Cypress Apartments

Price N/A Property Use Type Investment
No. Units 126 Cap Rate 6.83%
Building Size 87,710 SF Year Built 1978
Property Type Multifamily Parking Ratio 1.30 / 1,000 SF
Property Sub-type Garden/Low-Rise
Listing ID: 15296179 Date Created: 08/20/2007 Last Updated: 01/14/2008

Description

The Cypress Apartments is a 126- unit apartment complex that has been fully renovated and has potential upside with additional unit upgrades. The Cypress is a garden-style apartment community and contains seven, two-story, wood-frame buildings. The property invites its residents with a leasing office, well-maintained exterior landscaping and features great pride of ownership. The community amenities include a heated swimming pool, on-site laundry facilities and an open landscaped courtyard. The subject property is also set up for internet access via high speed cable and DSL.

Please submit Confidentiality Agreement for full Offering Memorandum.

The subject property benefits from excellent freeway access, and is located at the intersection of Pershing Lane, near Highway 5 and Interstates 205 and 580. The property enjoys a tremendous location, as it is within one mile of the University of the Pacific and San Joaquin Delta College. The Cypress is within walking distance of both Weberstown and Sherwood Malls and is within close proximity of an abundance of restaurants and public transportation.

Please submit Confidentiality Agreement for full Offering Memorandum.

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1011 Rosemarie Lane, Stockton, CA 95207 (San Joaquin County)

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