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23445205
23445206

1109 Alpha Rd, Turlock, CA 95380

JR
CA 02048679
Colliers - Stockton, California
AH
CA 01796017
Colliers - Stockton, California
AL
CA 01336956
Colliers - Stockton, California
Listed by Colliers - Stockton, California
$1,350,000
403 days on market
Updated 87 days ago

The Alpha Road Apartments

Details
APN 043-29-25
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,784
Units 8
Cap Rate 8.01%
Acreage 0.240

Multifamily | 8 Units | $168,750/unit

Marketing description

Situated in the heart of Turlock, California, 1109 Alpha Road offers an exceptional opportunity for either first time or experienced investors. The property consists of a total of eight (8) units, including seven (7) two-bedroom apartments (ranging from approx. 650 & 864 sq. ft. each) and one (1) three-bedroom apartment (approx. 1,128 sq. ft. each). Each unit has been recently renovated to meet modern living standards, with energy-efficient dual-pane windows, central heat and air systems and updated interiors.

Ownership has made considerable investments to ensure the property is in excellent condition, including a new roof, new exterior stucco and paint, and modernized HVAC systems. These upgrades provide long-term value and reduce future maintenance costs. Located in a rapidly growing region, Turlock’s vibrant community and proximity to educational institutions, cultural amenities, and recreational activities make this property a highly attractive rental option for tenants. With its appealing location and enhanced amenities, 1109 Alpha Road represents a strong and stable investment in a dynamic and evolving market. This is an opportunity to acquire a high-demand asset in one of California’s most promising growth areas at a competitive price point, offering both immediate returns and long-term appreciation potential.

Investment highlights

  • Excellent opportunity for an investor to purchase a stabilized apartment asset in a competitive “College Town” market with low vacancy and rising rents.

  • Major recent capital expenditures include a new roof, HVACs, exterior stucco & paint, dual-pane windows, exterior fencing and landscaping.

  • Attractive in-place 8%+ cap rate and priced below replacement cost.

  • Spacious Two and Three Bedroom units that have been recently renovated.

Listing Contacts

JR
CA 02048679
Colliers - Stockton, California
AH
CA 01796017
Colliers - Stockton, California
AL
CA 01336956
Colliers - Stockton, California
Listed by Colliers - Stockton, California

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Zoning

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R-M ResidentialMulti FamilyMedium Density Residential
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Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jason Reising
License
02048679
Brokerage
Colliers International
Brokerage Phone
209-475-5117
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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