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Ella(Yan) Liang

liangsv@gmail.com +1(408) 656-9816

Listed by Duydat Vu • Dat Vu, Broker, DRE#01454787

$1,745,000

Est. payment - /mo

2,376 SqFt

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UPDATED:

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $734

MLS Listing ID ML82019275

Year Built 1965

Lot Size 0.766 Acres

Property Sub-Type Five or More Units

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 Stockton East

Building/Complex Name V Mobile Home Park

Zoning R-M

Interior

Heating Other

Cooling None

Exterior

Parking Features Common Parking Area, Unassigned Spaces

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Foundation Other

Sewer Sewer - Public, Sewer Available at Site

Water Public, Water On Site

Others

Restrictions Age - No Restrictions

Tax ID 117-060-48

Security Features Other

Special Listing Condition Not Applicable

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Ella(Yan) Liang

+1(408) 656-9816

Realtor | License ID: 01933960

Realtor License ID: 01933960

Address not disclosed Stockton, CA 95205

Ella(Yan) Liang

Key Details

Location

Interior

Exterior

Building

Others

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