± 375 Unit Multifamily Development | Manteca, CA
Under Contract

± 375 Unit Multifamily Development | Manteca, CA

1009,1045, 1069, 18845 S. Airport Way Manteca CA 95337
653,400 SF

  • The Manteca area has experienced rapid growth in the last decade and will continue with the City’s General Plan for additional residential and commercial growth

  • The City is focused on infrastructure improvements, especially in West Manteca where the subject property is located, including new and improved roads and sewer systems

  • The City of Manteca continues to encourage business development with favorable tax incentives and subsidies

  • The Tracy/Manteca Submarket easily commands the highest asking rents among each of the retail submarkets in the Stockton Market, at approximately 20% higher than the metro average

  • Vacancy in the submarket, which accounts for about 30% of metro inventory, was below the Stockton average as of 18Q2

  • Strong demographics with 78,782 residents and $81,895 average household income in a 3-mile radius

Location

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