Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
Address not disclosed, Stockton, CA 95205
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Jessamine Walker

Jessamine Walker

+1(949) 241-2927
$ 1,745,000
Est. payment | /mo

0.77 Acres Lot

Save
$ 1,745,000
Est. payment | /mo
Save

0.77 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82019275

HOA Y/N No

Year Built 1965

Annual Tax Amount $15,277

Lot Size 0.766 Acres

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

Area 699 - Not Defined

Zoning R-M

Interior

Cooling None

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 24

Building

Water Public

Schools

School District Other

Others

Tax ID 11706048

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Duydat Vu Dat Vu, Broker #01454787
Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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