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The building has five commercial units on the first floor which also includes a basement and Mezzanine levels. The second and third floors comprise the hotel section, which has 50 rooms and is currently operating at an 90% occupancy rate
Marucs & Millcihap is pleased to present the opportunity to purchase 35 West Magnolia Street, in Stockton, CA. The subject property is a two-story eight-unit multi-family building comprised of eight one-bedroom/one-bathroom units and has three covered on-site parking spaces and an on-site coin operated laundry room that provides additional income. 35 West Magnolia Street is of exceptional value at only $73.28 a square foot and $53,125 per unit at a price of $425,000, which offers prospective investors the potential realize near a double-digit CAP Rate and Cash on Cash return. As current rents are below market rate, the new owner of 35 West Magnolia Street is poised to experience the positive outcome of increasing rents.
large fourplex.All rented $850 each.$3,400 per mo.Has extra lot that had a triplex on it before.$130 garbage $200 water Tenants pay PG&E Two tenants section 8 auto paid.
On-site laundry (one washer & one dryer). Central Stockton location. Close proximity to Stockton's downtown entertainment district, Dameron Hospital and city bus lines. Strong historical occupancy. Close to Stanislaus State's Stockton Campus. On-site parking spaces.
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$1,925,000Size Upon Req.
PRICE REDUCED !!!! This is a cash cow park. Owner states he has one or two evictions per year. Submetered gas, electric and water. Tenants are charged for trash and septic. paved roads new well pump, new cathodic, gas redone, water and sewer at street CALL FOR MORE INFO.
1202 N. Hunter Street is a unique city-style, three-story apartment complex located in the heart of Downtown Stockton, California. The subject property consists of one single building that is constructed with brick masonry and sits on a concrete slab foundation. This unique unit mix is comprised of three one-bedroom/one-bathroom units, three Jr one-bedroom/one-bathroom units, and fifteen large studios. Each unit comes fully equipped with a wall-mounted heat and air conditioner, garbage disposal, refrigerator, gas stove with oven, new dual pane windows, very large floor plans, and walk-in closets. The flat-style tar roof has been replaced within the last 7 years and has a slight pitch which helps prevent water from building up. Each tenant enjoys the secured gated entrance, courtyard area with private mailboxes, hallway style complex and newly remodeled bathrooms. The building is separately metered for gas and electricity, which each tenant is responsible for, while the owner pays for all water/sewer and garbage bills. The next owner will benefit from the recent renovations, upside in rental income and rising property values within the area.
The subject property at 4404 Manchester Avenue in Stockton, CA consists of thirty-eight two bedroom/one-and-a-half bath townhomes, most of which have newer appliances and fixtures. The complex sits in the wonderful Lakeview neighborhood, conveniently located within walking distance to multiple different schools, shopping centers, parks, restaurants and entertainment. The property experiences tremendous tenant demand as a result of fantastic walk-ability with dozens of major retailers within an easy six block radius. Built circa 1970, the construction is with concrete slab foundation, wood frame and stucco siding and flat roofs. The property is configured around a central courtyard and parking lot, with one parking spot per unit. There is also an on-site laundry room with coin-operated machines, which are a huge tenant convenience and produce extra income for the owner.
227 West Poplar Street, in Stockton, CA is a two-story twelve-unit multi-family building comprised of twelve one-bedroom/one-bathroom units and has an on-site parking space per unit and an on-site coin operated laundry room that provides additional income. 227 West Poplar Street is a great value for only $107.76 a square foot and $52,083 per unit at a price of $625,000, which offers new prospective investors the potential realize near a double-digit CAP Rate and Cash on Cash return. As current rents are below market rate, the new owner of 227 West Poplar Street is poised to experience the positive outcome of increasing rents.
The Sunburst Apartments are a fully occupied 26-unit garden style community located in Stockton, California consisting of 10 One Bedroom (1BD/1BA) and Two Bedroom (2BD/1BA) units. Sunburst Apartments were built in 1979 on 1.02 acres of land and two individual buildings each with their own HVAC system, dedicated water heaters and separately metered utilities. The Sunburst Apartments feature communal amenities such as a centralized swimming pool, laundry facilities, and approx. 35 parking spaces.
$1,350,000Size Upon Req.
Rancho MHP is a proforma, value add investment opportunity. The property is currently only 52% occupied due to absentee ownership. Attractive Seller financing is being offered to facilitate a new owner increasing occupancy and stabilizing income. Please see marketing package for further details.