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$18,000,000

Est. payment - /mo

36,365 SqFt

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 36,365 sqft

Price per Sqft $494

MLS Listing ID 226035975

HOA Y/N No

Year Built 1978

Lot Size 2.010 Acres

Acres 2.01

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

The Wimbledon Square Apartments is a 107-unit multifamily community located at 602-710 Wimbledon Drive in Lodi, California. Built between 1978 and 1979, the property consists of 10 buildings situated on approximately 3.52 acres totaling approximately 68,311 SF. Unit sizes range from 560 to 774 square feet, catering to strong workforce housing demand in a market characterized by steady population growth and relative affordability. The property is strategically located near the Reynolds Ranch master-planned retail development, one of Lodi's most significant commercial hubs. Reynolds Ranch is anchored by national retailers including Costco Wholesale, The Home Depot, Sprouts Farmers Market, Dick's Sporting Goods, and a growing mix of dining and service tenants. This concentration of retail and employment amenities enhances daily convenience for residents, drives traffic to the area, and supports long-term rental demand. Wimbledon Drive Apartments presents a compelling value-add opportunity driven by aging multifamily inventory and measurable mark-to-market rent upside. Many comparable properties in Lodi remain under-renovated and leased below current market levels, with renovated units in similar Central Valley markets.

Location

State CA

County San Joaquin

Area 20901

Direction Heading north on HWY 99, take exit 263 onto E. Harney Ln. Head West on E. Harney Ln for 1 mile, then turn right onto S. Hutchins St. Take your first left onto Wimbledon Dr, the property will be on your left.

Rooms

Other Rooms Unit-1 Approx SqFt: 560 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Rent: 1550 SqFt Source: Owner

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Laundry In Common Area, Washer/Dryer Hookups

Exterior

Parking Features See Remarks

Utilities Available Cable Connected, City, Sewer In & Connected, Natural Gas Connected

Water Access Desc Meter on Site

Total Parking Spaces 151

Building

Lot Description Other

Story 2

Foundation SeeRemarks

Sewer See Remarks

Water Meter on Site

Schools

Elementary Schools Lodi Unified

Middle Schools Lodi Unified

High Schools Lodi Unified

School District San Joaquin

Others

Senior Community No

Tax ID 060-100-04

Special Listing Condition None

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Listed by Colliers Parrish Intenational Inc.

NEARBY SCHOOL & BUSINESS

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GUIDE Real Estate

+1(408) 381-3008

Broker | CA DRE#01976964

Broker CA DRE#01976964

710 Wimbledon DR Lodi, CA 95240

GUIDE Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION