1576 E 6th ST Stockton, CA 95206

We are delighted to bring back this unique opportunity to own 16 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The property is near Stockton Metropolitan Airport, Williams Brotherhood Park and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, as well as the Dorothy L. James Family Resource Center. 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.