3704 Bonnie Lane, Stockton, CA 95204

Property Description

RARE FIND 6 Unit apartment Bonnie Apartments, a six (6) unit apartment 7% cap rate, located at 3704 Bonnie Lane in Stockton, CA. This is a unique opportunity for an investor to acquire an asset located in the Central Stockton Submarket, with 100% occupancy, no HOA, with recent upgrades including some appliances, new flooring7 fresh paint in 3 units, new lighting fixtures,new faucets in two units. bought a new commercial water heater, new exhuat fan in couple of units, cleaned up, sealed roof, brand new roof was instlled by previous owner about 1.5 years ago, and an advantageous location to University of the Pacific. Built in 1965, the Bonnie Apartments feature six (6) two-bedroom/one-bathroom units, approximately 1150 square feet in size, & 6 covered parking spaces, Building amenities include onsite laundry and covered parking. Dont miss this opportunity to own this property with an excellent cap rate and abundant cash flow.