Premier California Properties - Connecting Sellers and Buyers of Premier Properties

is pleased to present Madison Arches for sale, a twenty-four (24) unit apartment complex located at 1337 N. Madison Street, Stockton, CA. Madison Arches is made up of Four (4) two-bedroom/ one-bathroom units and Twenty (20) one-bedroom/one bathroom units. The property provides an investor a unique opportunity to own a relatively recently constructed apartment complex with below market rents, and clear path to a higher return through management expense reduction and loss to lease recovery. Built in 1920 as a Jewish Community Center, this designated Stockton historical site was completely remodeled in 1986 to add the apartment units. The construction was extensive and included the addition of new electrical wiring, plumbing, heating and air as well as an elevator, fire sprinkler monitor system and individual electrical and gas meters. The apartment grounds offer residents secured parking, spacious living quarters, in a controlled access building.