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6507 Danny DrStockton, CA 95210
Cambridge Court Apartments
Asset ClassMultifamily
overview of deal

Overview

Cambridge Court is a well-maintained, family-oriented community located in Stockton, offering investors durable cash flow, below-market financing, and long-term affordability-backed stability. The property is fully occupied with a documented four-year waiting list, underscoring sustained demand and consistent in-place performance.

 

Built in 1996, Cambridge Court features high-quality, low-maintenance construction and a desirable unit mix comprised exclusively of two-, three-, and four-bedroom floor plans with an average unit size of approximately 1,172 square feet. All residences include in-unit washer and dryers, and the community is further supported by covered parking and a comprehensive amenity package including a park-like setting, walking paths, picnic and barbecue areas, basketball court, tot lots, fitness center, clubhouse, leasing office, and swimming pool. Cambridge Court is encumbered by a 55-year LIHTC affordability agreement expiring in 2051 and a City of Stockton affordability covenant through 2035.

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Investment Highlights

Section 8 Voucher Upside

 

Fully Occupied With 4-Year Waiting List & Solid Cash Flow

 

Property Tax Exemption From LIHTC Program

 

Prime 1996 Construction with Desirable Unit Mix and In-Unit W&D

 

Desirable Common Area Amenities

 

Commutable Access to Bay Area and Sacramento Jobs

 

ACE-BART Connection with Extension to Sacramento

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6507 Danny DrStockton, CA 95210
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