Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
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$1,745,000
Est. payment /mo
2,376 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $734

MLS Listing ID ML82019275

HOA Y/N No

Year Built 1965

Lot Size 0.766 Acres

Acres 0.7662

Property Sub-Type Other

Property Description

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.

Location

State CA

County San Joaquin

Zoning R-M

Interior

Heating Other

Cooling None

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 11706048


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Bridge MLS
Listed by Duydat Vu • Dat Vu, Broker

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