Contacts
Property Details
- Property Type Other
- Lot Size 20,909 SF
- Date Updated May 14, 2026
Sale Note
The Sherman Apartments offer a fully turnkey, 10-unit multifamily investment in the heart of Manteca, located at 119 N. Sherman Avenue. Consisting entirely of one-bedroom, one-bath units, the property recently underwent a comprehensive interior and exterior renovation completed in 2025. Upgrades include new electrical systems with Square D panels, brand-new roofing, updated stucco and T1-11 siding, dual-pane windows, new LVP flooring, and modern split-system HVAC units. Each unit features new appliances, gas stoves, refrigerators, and built-in microwaves. Rear alley access provides convenient parking, including three fully remodeled garages ready for immediate rental income, with additional garages available for future improvement. End units benefit from extra natural light and dedicated front parking spaces. With a price of $1,798,000, the property offers a current cap rate of 6.30%, The Sherman Apartments combine high-quality renovations, strong operating structure, and long-term d
Reach out to the broker for more info on lease terms and amenities
Getting around
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86/100
Walk Score ®
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71/100
Bike Score ®
Location
- City Manteca, CA
- Zip Code 95336
- Market Central Valley
Points of Interest
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Quicki Kleen Car wash
0.30 miles
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76
0.39 miles
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Quick And Easy
0.43 miles
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Sinclair
0.57 miles
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Arco
0.77 miles
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Chevron
0.80 miles
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ChargePoint
0.85 miles
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Tesla Supercharger
0.86 miles
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Extra Mile
0.86 miles
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Shell
1.04 miles
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Softball Complex Parking
1.79 miles
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East Union Faculty Parking
1.96 miles
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Student Parking Lot
2.09 miles
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SSI Employee Parking
3.15 miles
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Tesla Vehicle Logistics Center
4.10 miles
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Mariposa Road
9.33 miles
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Pacific Express Inn
0.33 miles
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Holiday Inn Express & Suites Manteca City Center
1.01 miles
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Motel 6
1.10 miles
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Tru
1.11 miles
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Best Western
1.11 miles
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Hampton
1.47 miles
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Americas Best Value Inn
1.47 miles
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Great Wolf Lodge
2.91 miles
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Quality Inn
4.48 miles
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Hampton Inn
4.49 miles
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Food 4 Less
0.73 miles
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Burlington
0.75 miles
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Safeway
0.86 miles
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Walmart Supercenter
0.93 miles
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Target
0.94 miles
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TJ Maxx
1.03 miles
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Grocery Outlet
1.04 miles
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Save Mart
1.41 miles
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JCPenney
1.56 miles
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Raley's
2.35 miles