Village of the Pines

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Address: 1350 Buckingham Way, Stockton, California, US
Created date: September 13, 2023
Date last updated: September 14, 2023
  • First time on the market in over 40 years
  • Located along the Stratford Loop, an excellent North Stockton location surrounded by apartment complexes that have recently undergone massive capital improvements
  • Close proximity to daily needs shopping and highways
  • The building has been immaculately maintained by ownership, with recent investments made in the balconies, roofs, and pool house.
  • Five Units are in “rent ready condition” and will be delivered vacant at close
  • Stockton rent growth up 23% over the last 3 years
  • Minimal Supply being added to the market
  • Rare 100-unit opportunity in rapidly appreciating Northern California hub

Property Description

The Central Valley Investment Team of Colliers is pleased to present the Village of the Pines, a 100-unit apartment community located at 1350 Buckingham Way, Stockton, CA. Village of the Pines is a unique opportunity for an investor to acquire a stabilized asset with strong value add characteristics in the high-demand Central Valley market. Built-in 1969, Village of the Pines features one hundred (100) residential units – forty-four (44) two-bedroom units and fifty-six (56) one-bedroom units. The two-bedroom units range from 726 SF to 960 SF, with the larger units featuring an additional half bathroom, while the one-bedroom units range between 560 SF to 627 SF. Amenities include private access to covered & uncovered parking, a swimming pool, onsite laundry, and professionally maintained grounds. The residents of Village of the Pines benefit from being located near Pacific Avenue, the main north-south commercial corridor in Stockton, Sherwood and Weberstown Mall, and multiple major highways

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: Apartments | Garden Style
Price: $15,500,000
No. of Units: 100
Year Built: 1969
No. of Stories: 2
Opportunity Zone: No
Price per unit: $155,000
Address: 1350 Buckingham Way, Stockton, California, US

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