$16,200,000

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.