$1,745,000
FOR SALEActiveAddress withheld
Stockton CA 95205
2,376
SF
Commercial
Type
1965
Built
$734/SF
Cost/SF
Listing Agent
Location Analysis
Map hidden for privacy
Exact address available upon agent contact
About This Property
Opportunity to own your own Mobile Home Park with a good mix of apartments and mobile home space rental. Property is on City Water & City Sewer with Natural Gas to the Property. 24 Unit Mobile Home Park: which Includes 19 mobile home space rental; 1 SFR (2bd/1bth); 2 Duplex Units. High Lights: All-age community with long-term residents. 100% tenant-owned homes Mobile Home and Trailer units. Built-in stability due to high moving costs. Duplex and SFR is park owned. Financial Strengths: Attractive Income and CAP at 6%. No rent control in Stockton. Market rent upside value add. Master-metered utilities, billed back to tenants. Low-maintenance operations. Location Advantages. Centrally located in Stockton (11th largest city in CA, pop. ~325,000). High rental demand driven by affordability gap. Easy freeway access to Sacramento & San Francisco. Value-Add Potential. Upside through adjusting to market rents. Opportunity for consistent income growth. Strong tenant retention lowers turnover costs.
Property Information
Property Overview
Commercial
Property Type
Active
Status
R-M
Zoning
0.7662 acres
Lot Size
24
Total Units
2,376 SF
Square Footage
$734.43/SF
Price per SF
$15,277
Annual Tax
1,965
Year Built
24
Parking Total
10.10
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Map hidden for privacy
Exact address available upon agent contact
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82019275
Listed:
Nalren refreshed:
Last updated
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Listed by: Dat Vu, Broker
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.