Investment Overview

580 N Lincoln Ave is an exceptional 24-unit apartment investment opportunity located in the thriving city of Manteca, CA. Situated on a parcel of land totaling 30,461 square feet, the subject property was originally constructed in 1978 and has a gross building area of approximately 17,648 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom oor plans. 580 N Lincoln Ave offers tenants community amenities including private covered parking, on-site laundry facilities, and a sunny community pool. As the third largest city in San Joaquin County in the Central Valley, Manteca demonstrates a strong market for tenants and employers moving into the area. The city sits within close proximity to the greater Bay Area, such as San Francisco (77 mi), Oakland (55 mi) and Oakland International Airport (59 mi). Additionally, many of the regions top employers are within a short commute to the subject property, including San Joaquin County, FedEx, Diamond Foods, Amazon Fulfillment Center, St. Joseph's Regional Health, as well as numerous other employers. Additionally, residents enjoy convenient access to transportation corridors including Interstate 5, Interstate 205, State Route 99 and State Route 120. The investment appeal of this asset is driven by Manteca's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Joaquin County, 580 N Lincoln Ave is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.