$18,000,000

Colliers International is pleased to present the opportunity to acquire Summerwood Apartments, an 80-unit Antioch apartment community located at 3101 Buchanan Road. It is conveniently located directly across the street from a Grocery Outlet, and less than a mile from Somersville Towne Center, a 24-Hour Fitness and Smart & Final anchored shopping center which contains over 500,000 SF of various restaurants, stores, and retail shops. The property is also a 4-minute drive from the Kaiser Permanente Delta Fair Medical Offices. Situated on a 3.61-acre parcel, the property was built in 1988 and features 80 residential units - (46) 1-Bedroom / 1-Bath units and (34) 2-Bedroom / 2-Bath units. The property has a beautifully landscaped courtyard, gated swimming pool with a sundeck, controlled access gate, in-unit washer and dryer hookups, ample surface parking (including covered carports), and private balconies/patios for each unit. The property benefits from excellent regional connectivity, with direct access to major transportation routes. It is situated less than one mile from Highway 4 and within a 10-minute drive of the Antioch BART station, providing residents with seamless access to the greater Bay Area.