Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
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 & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.7662
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,745,000
-
Tax Amount
15277.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Water Source
Public
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Location
County
San Joaquin
Elementary School
Middle School
High School
Listing Courtesy of Duydat Vu , Dat Vu, Broker
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