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Great Opportunity for positive CASH FLOW 13 1 bedroom 1 bath great location close to Arena.
May, 2014-Update---City Location---29 Units. Lincoln Village West District. West Swain Road at Plymouth Road. SW...Stucco Exteriors. 1.73 acre site. No Pool. Built as a planned unit development in the1970-1971 time frame by Grupe Development... 45 parking spaces as called for under the PUD agreement witht the City of Stockton. March, 2014 Rent Roll now a part.
Security Gated Complex-Two entrances off of Lincoln Road and on the north side, Prado Way---Some units have fireplaces---This complex is a low denisty R-2 zoned property with plenty of open space for people to enjoy, at home, and not somewhere else...Five buildings, two on Lincoln Road house 21 one bedroom, one bath units and three single level fourplex buildings on Prado Way have twelve two bedroom, one bath units. Large storage building with 960 square feet could be a child day care center for the complex. The 33rd unit is a 1 bedroom units used by the manager. plus an office... 900 square foot building could be a senior recreation area or pre school... No pool to worry about...Low density design. Open Spaces within the grounds.
TWO STORY 40 UNIT COMPLEX IN GOOD CONDITION WITH STUCCO EXTERIOR. THE BUILDING WAS RECENTLY PAINTED AND THE HVAC WAS REPLACED ABOUT 6 YEARS AGO.
Eight 1 bedroom 1 bath units, all the same model. Owner holding off for 3 weeks before starting renovation of the units. Each unit is in good structural condition but needs painting, some need flooring, and some need appliance repairs. List price is "as repaired" price. Accepting offers now and you can adjust the price for as is. Two existing tenants will be moved into a renovated units and their rent adjusted up to market value. Roof inspected and has a 2 year certification. No owner financing, this is an equity sale.
Wow! What a great investment property! this property is ideal for investor and contractors. 8 units multifamily complex near downtown Stockton. 2 Buildings. 4 units each building. Good size of 1 & 2 bedrooms unit. Laundry is inside the unit. Property to be sold "AS-IS"
BUILT IN 1989 ! 38 UNITS - ALL 2 BEDROOMS - WASHER /DRYER HOOKUPS AND CENTRAL HVAC INSIDE EACH UNIT! NEWER COMPLEX, ON-SITE & OFF-SITE MANAGEMENT, VERY LOW VACANCY, NO DEFERRED MAINTENACE, EXCLLNT CONDITION INSIDE & OUT !! RECENTLY REPLACED MAILBOXES AND ASPHALT !! Units have laundry hookups, water heaters, central hvac, and individually metered PG&E. Most units AT LEAST partially remodeled recently! Gated community w/excellent On-Site AS WELL AS Off-Site Management! Assumable loan is fixed @ 4.4% (to 02/23!!) w/balance of 1.4M. New buyer can explore CONDO CONVERSIONS & Proforma cap rate = much higher ESPECIALLY when buyer may not have two sets of managers, FOR INVESTMENT BUILT IN 1989! Excellent investment to "park" your money while this economy turns around! MOTIVATED SELLER - BRING ALL REASONABLE OFFERS ! TRADES FOR RESIDENTIAL OR INVESTMENT REAL ESTATE IN SAN DIEGO, ALSO CONSIDERED.
NEWLY RENOVATED 19 UNIT LODGING FACILITY WITH LOTS OF RESIDENTIAL FACILITY POSSIBILITIES!! Over $300,000.000 spent on improvements! 2 Acre parcel with multiple zoning - Hotel/Motel/Lodging Facility on 1 Acre can accommodate up to 50 units-lots of room for growth and 1 Acre is zoned Residential and is Vacant and an additional 25,000 +/- square feet can be used as a car sales lot. The facility has 3 separate buildings with new wall heaters, air conditioners, carpet, paint, electrical, lighting, plumbing, showers, tubs sinks and 6 new kitchenettes. One unit was made to be in compliance with the ADA, and is a very nice suite with no connecting walls. Plenty of storage in new garages, or lease for additional fees? Has operated in the past as a motel, month to month lodging and a Sober Living Environment. Owner may carry paper, with at least 30% down, since there are no financials available for the last year during renovation.
Edison Park Apartments is a 44 unit complex. Located on four separate parcels & addresses. Rental office is at 730 N. Edison St. The subject property consists of 44 units on app .66 acres. The unit mix is comprised of 9 studios, 32-1B/1B and 3-2B/1B. All units are separately metered for electric and gas. All units offer HVAC wall units. The neighborhood is a stabilized neighborhood consisting of mostly single family homes. This is an excellent opportunity to purchase an apartments complex that has been considerably refurbished by the owner.
334 N American St. is a Twelve (12) unit multifamily complex located near downtown Stockton. The subject property was built in the 1920s and is comprised of Ten (10) Studios/1 Bath plus Two (2) 1 Bed/1 Bath Units. The building has a controlled front entry way with access interior access to all of the units plus is seperately metered for electric and gas. There is additional gated and fenced parking on the side and rear of the subject property. This property is ideal for a first time investor or seasoned investor seeking to rehab and reposition an apartment building.