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420 E Rose Street 420 E Rose St 14 Unit Apartment Building $1,750,000 ($125,000/Unit) 7.74% Cap Rate Stockton, CA 95202
INVESTMENT HIGHLIGHTS
- Attractive Investment Opportunity – 14-unit multifamily property at 420 E. Rose Street in Stockton, CA with a strong current cap rate of 7.74%
- Extensive Interior Renovations – Twelve of the fourteen units have been fully remodeled with modern finishes and upgrades.
- Desirable Unit Mix – Features ten (10) two-bedroom, one-bath units and four (4) one-bedroom, one-bath units catering to a wide tenant base.
- Upgraded Electrical Panels – All units feature new Square D electrical panels for enhanced safety and reliability.
EXECUTIVE SUMMARY
The Rose Apartments present a strong 14-unit investment opportunity located at 420 E. Rose Street in Stockton, CA. Offering a very favorable current cap rate of 7.74%, this property delivers immediate income with potential for long-term upside. The unit mix is comprised of ten (10) two-bedroom, one-bath units and four (4) one-bedroom, one-bath units, which appeals to a broad range of tenants, ensuring stable occupancy and consistent demand.
Significant capital improvements further enhance the property’s appeal, with 12 of the 14 units fully remodeled to modern standards. All electrical panels have been recently upgraded to Square D, providing added safety and reliability for ownership and residents alike. The combination of strong financial performance, desirable unit mix, and extensive renovations make The Rose Apartments a turnkey multifamily asset in a prime Stockton location.
Significant capital improvements further enhance the property’s appeal, with 12 of the 14 units fully remodeled to modern standards. All electrical panels have been recently upgraded to Square D, providing added safety and reliability for ownership and residents alike. The combination of strong financial performance, desirable unit mix, and extensive renovations make The Rose Apartments a turnkey multifamily asset in a prime Stockton location.
PROPERTY FACTS
| Price | $1,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 7.74% | Building Size | 10,421 SF |
| Gross Rent Multiplier | 7.95 | No. Stories | 2 |
| No. Units | 14 | Year Built | 1973 |
| Property Type | Multifamily | Parking Ratio | 1.34/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | CR | ||
| Price | $1,750,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 7.74% |
| Gross Rent Multiplier | 7.95 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 10,421 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.34/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CR |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Satellite TV
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 544 |
| 2+1 | 10 | - | 768 - 852 |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 139-194-17 | Improvements Assessment | $728,209 |
| Land Assessment | $284,454 | Total Assessment | $1,012,663 |
PROPERTY TAXES
Parcel Number
139-194-17
Land Assessment
$284,454
Improvements Assessment
$728,209
Total Assessment
$1,012,663
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420 E Rose Street | 420 E Rose St
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