Investment Overview

Marcus & Millichap is pleased to be retained as the exclusive agent to represent the sale of 610 E. Pine Street, an 18 unit apartment complex in desirable Lodi, California. The Pine Street Apartments have been very well maintained with strong historical tenancy. Well located in close proximity to the popular downtown district of Lodi and situated at the town’s easternmost side, practically adjacent to Lodi’s rural countryside. The complex provides 18, one (1)-bed/one (1)-bath units, a swimming pool, security gates and covered parking. Historically, the Pine Street Apartments have maintained an excellent occupancy with Pride of Ownership management. Situated 90 miles east of San Francisco and 35 miles south of Sacramento, the City of Lodi is the northern-most city in San Joaquin County. While committed to “quality growth,” the city strives to protect its historical, small-town charm. Lodi is nationally known for being the center of wine production (the “Zinfandel Capital of the World”), and is the home of the well known winery, Robert Mondavi. Not only is Lodi highly nationally rec-ognized for its emerging wine country (with over 80 wineries within Lodi), the city also offers its residence and visitors a wide variety, such as; a beau-tiful historical downtown, classic vintage homes, newer contemporary developments, Lodi’s “Hutchins Street Square” (an 800 seat performing arts center), Lodi’s “Grape Bowl Stadium,” and Lodi Lake.