About Address Not Disclosed
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.
Features of Address Not Disclosed
| MLS® # | ML82019275 |
|---|---|
| Price | $1,745,000 |
| Square Footage | 2,376 |
| Acres | 0.77 |
| Year Built | 1965 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | Address Not Disclosed |
|---|---|
| Area | Stockton East |
| City | STOCKTON |
| County | San Joaquin |
| State | CA |
| Zip Code | 95205 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 24 |
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Roof | Composition Roof |
|---|---|
| Foundation | Other Foundation |
Additional Information
| Zoning | R-M |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Duydat Vu |
|---|---|
| Office | Dat Vu, Broker |
| Contact Info | 408-482-1192 |