MULTI-FAMILY BUILDING FOR SALE

Colliers Central Valley Investment Team is pleased to present the Park Villa Apartments, a well-maintained 25-unit multifamily community, located at 322 W. Park Street, in Stockton’s established Downtown neighborhood. The property features a desirable mix of twenty-three (23) 500 SF Studio units, one (1) 650 SF 1-bedroom/1-bath unit, and one (1) 850 SF 2-bedroom/1-bath unit. With 15 of the 25 units already remodeled, the asset offers an attractive combination of in-place income and continued value-add potential while delivering a strong 7.04% cap rate. Residents benefit from convenient access to Downtown Stockton’s dining, shopping, and entertainment options, as well as nearby employers and public transportation. The property is just minutes from the waterfront, local retail centers, and educational institutions, including the University of the Pacific, making it appealing to a broad tenant base seeking affordability and accessibility.