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Stockton
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Dat Vu, Broker
Dat Vu, Broker
Presented At
$1,745,000
Living
2,376
SQFT
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Stockton, California, United States. , Stockton , California

Multi Family in Stockton

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.

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Map showing Stockton, California, United States.

Property Location

Stockton, California, United States., Stockton California

Frequently Asked Questions

Common questions about this property

This property offers 2,376 square feet of living space.
This property is listed at $174,500,000, which equals $73443 per square foot.
This is a apartment located in Stockton, California. The property is situated in an established neighborhood with convenient access to local amenities and services.
Dat Vu, Broker

Dat Vu, Broker

Dat Vu, Broker

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