Property Details
About this Property
We are ecstatic to present a unique opportunity to own 20 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The APNs are as follows: 169-190-21 & 169-190-22. Four separate units sitting on almost 2 acres of sprawling land adjacent to Williams Brotherhood Park, and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, so is the Dorothy L. James Family Resource Center. The units comprise of 8 three-bedroom, one bath, and 12, two-bedroom, one bath units. Outside parking (not designated) is available at a ratio of two per unit with room to roam around including street parking nearby. All the units have a metered electric and gas while the landlord pays for water, sewer and garbage. Recent capital upgrade includes roof improvements. You could assume on the average rents are low with long term tenants in place, but the upside according to Table 2-3 Municipal Code, the allowable density is: 17.5 to 30 units per net acre and 13.2 to 24 dwelling units per gross acre. Please check with City of Stockton for accuracy of information.
MLS Listing Information
MLS #
ME224107413
MLS Source
MetroList Services, Inc.
Days on Site
42
Interior Features
Kitchen
Varies by Unit
Appliances
Oven Range - Electric, Appliances - Vary by Unit
Flooring
Carpet, Vinyl, Wood
Cooling
Varies by Unit, Window/Wall Unit
Heating
Floor Furnace
Exterior Features
Roof
Shingle
Foundation
Raised, Slab
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Street, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
Residential High Density
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 16 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 950 | 24 | 8/0 | $976 | – | – |
| 2 | 884 | 16 | 8/0 | $895 | – | – |
| 3 | 720 | 8 | 4/0 | $734 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1608 E 6th St is a Residential Income in Stockton, CA 95206. This 17,552 square foot property sits on a 1.69 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in –. This address can also be written as 1608 E 6th St, Stockton, CA 95206.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Frew Tibebu, (209) 629-3765
