Value Add Opportunity! Approved seven large apartment conversions (all at free-market rent)! This property presents a great opportunity for investors or developers to transform a vacant commercial building into a profitable residential complex. With approved conversion plans for 7 (2 bedrooms, two baths per unit) apartments, this project is poised to meet the growing demand for quality housing in Lodi. The current solid building has been completely gutted and ready for construction. Off-street parking is included as part of approvals. Sweat equity can yield a 10+ cap.***Reach out to Georgemarogi@kw.com for approvals, resolution, & proforma.