The 20th Century Apartments
Turlock Value-Add Opportunity | 14 Units with $43K+ Rental Upside
Marketing description
The 20th Century Apartments is a 14-unit community located at 151 20th Century Boulevard in Turlock, offering investors a well-maintained asset in one of the Central Valley's most established rental markets. The property has seen several recent improvements, including a freshly painted exterior completed in March 2026 and updated electrical subpanels replaced in 2024, helping reduce near-term maintenance needs. With a current cap rate of 6.18%, the property presents a solid investment opportunity backed by stable multifamily demand in the area.
The property features a strong and desirable unit mix consisting of twelve (12) spacious 900 SF 2-BD / 1.5-BA Townhomes, along with one (1) 700 SF 1-BD / 1-BA unit, and one (1) 400 SF Studio unit. Residents also benefit from onsite laundry facilities, covered parking, and professionally landscaped grounds. The property is further enhanced by a highly convenient location near both Downtown Turlock and California State University, Stanislaus, providing easy access to shopping, dining, entertainment, and educational opportunities, while also offering strong commuter access to Highway 99 and surrounding regional employment hubs.
Investment highlights
- 14-unit community featuring a strong unit mix including twelve (12) 900 SF 2BD/1.5BA Townhomes, one (1) 1BD/1BA, and one (1) Studio
- Recent capital improvements include exterior paint completed in March 2026 and updated electrical subpanels replaced in 2024.
- Convenient location near Downtown Turlock and California State University, Stanislaus.
- Strong Central Valley rental market with easy access to Highway 99, shopping, dining, and local amenities.
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