CA > Manteca
Manteca, CA 95336,135 N Sheridan AVE
Manteca, CA 95336,135 N Sheridan AVE
Manteca, CA 95336,135 N Sheridan AVE
Manteca, CA 95336,135 N Sheridan AVE
Manteca, CA 95336,135 N Sheridan AVE
Manteca, CA 95336,135 N Sheridan AVE
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Bob Valletta

Bob Valletta

+1(916) 705-2117
$ 5,295,000
Est. payment | /mo

19,796 SqFt

Save
$ 5,295,000
Est. payment | /mo
Save

19,796 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 19,796 sqft

Price per Sqft $267

MLS Listing ID 225071408

HOA Y/N No

Year Built 1965

Lot Size 0.876 Acres

Acres 0.8765

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

First Commercial Real Estate is pleased to present The Palms at Sheridan, a fully renovated 25-unit multifamily community located at 135 N Sheridan Avenue in Manteca, CA. This offering represents a rare opportunity to acquire a turn-key asset in the heart of one of San Joaquin County's most consistently performing rental submarkets. Originally constructed in 1965 and fully renovated in 2021, The Palms at Sheridan features a desirable unit mix of eight (8) one-bedroom units, fifteen (15) two-bedroom units, and two (2) three-bedroom units. Each unit has been thoughtfully updated, and the property boasts significant capital improvements including new plumbing, split HVAC systems, LED Lighting, and a new roof all completed during the renovation. The property is well-maintained and professionally managed, offering residents on-site laundry, ample parking, and a convenient central location with easy access to major thoroughfares including Highway 99, I-5, and CA-120. RUBS is already in place, enhancing operational efficiency and expense recovery. Situated in the growing city of Manteca, The Palms at Sheridan benefits from strong tenant demand, low vacancy, and proximity to key employment centers in Stockton, Modesto, and Tracy, as well as commutability to the Bay Area.

Location

State CA

County San Joaquin

Area 20502

Direction Traveling West on E Yosemite Ave Turn right onto Sheridan Ave. Property is on the left.

Interior

Heating Ductless, Other

Cooling Ductless, Other

Flooring Carpet, Vinyl

Window Features Dual Pane Full

Appliance Free Standing Refrigerator, Free Standing Electric Oven

Laundry Washer/Dryer Leased, In Common Area

Exterior

Exterior Feature Fenced Yard

Parking Features Carport

Utilities Available City, Electric, Other

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 25

Building

Lot Description Curb(s), Landscape Front

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Manteca Unified

Middle Schools Manteca Unified

High Schools Manteca Unified

School District San Joaquin

Others

Senior Community No

Tax ID 223-320-02

Special Listing Condition None

MetroList® Services, Inc
Listed by RCB Real Estate
agent-avatar

+1(916) 705-2117

bob@thebrokerage360.com

Roseville, CA, 95661

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135 N Sheridan AVE