MLS#ML82019275
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Dat Vu, Broker
Agency Phone: 408-482-1192
Associate Name: Duydat Vu
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Lot Size: 0.77 Acres
Roof Type: Composition
Taxes: $15,277
Year Built: 1965
Feature Descriptions
Days on Site: 223
Parcel#: 11706048
Water: Public
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Dat Vu, Broker
Agency Phone: 408-482-1192
Agent Name: Duydat Vu
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
| MLS# ML82019275
This commercial property located at , Stockton, CA 95205 is currently listed for sale with an asking price of $1,745,000. is located within the Other school district. Search Stockton real estate on www.farrellsmyth.com today.