Wilshire Court Apartments
Multifamily | 50 Units | $110,000/unit
Marketing description
Kidder Mathews is pleased to exclusively present Wilshire Court Apartments, a premier 50-unit apartment community positioned on an expansive 1.92-acre lot at 126 E. Jamestown Street in Stockton, California.
This low-maintenance asset features a highly desirable unit mix of 16 one-bedroom, 30 two-bedroom, and 4 three-bedroom floor plans. Current ownership has heavily de-risked the asset by executing extensive interior and exterior renovations, including a brand-new roof (2024) and the installation of solar panels to dramatically offset common area utility costs.
With a majority of the units already boasting modern flooring, updated countertops, and upgraded fixtures, Wilshire Court Apartments offers a turn-key operational foundation with a proven blueprint for growth. Incoming ownership can immediately capitalize on the remaining unrenovated units to capture premium market rents upon turnover.
Investment highlights
- Large 1.92 AC lot with low maintenance landscaping
- Majority of interiors already upgraded with new flooring, countertops, and fixtures
- Heavy Capex Completed including a new roof installed in 2024
- On-site solar panels directly offset common area lighting expenses
- Secured / gated parking, pool, common patio, recreational seating and an on-site coin-operated laundry facility drive additional income
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
