Listing 1129470508, Stockton, CA 95205

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CommercialListing 1129470508, Stockton, CA 95205
    $1,745,000

    Basics Details

    • Date added: Added 2 months ago
    • Type:
    • Building Area: 2,376 sq ft
    • Lot size, sq ft: 33,375 sq ft
    • Zoning:
    • # Of Units:

    Description

    • 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.

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    • Energy Efficiency Class:
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    858-538-7774

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