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Size Upon Req.$326,000
TURN KEY INVESTMENT! MAKE MONEY RIGHT AWAY. QUITE ESTABLISH NEIGHBORHOOD.LANDLORD ON-SITE TO MANAGE THE PROPERTY. PROPERTY IS CONVENIENTLY LOCATED CLOSE TO GROCERY STORES, MECHANIC SHOP, FREEWAY, AND FAST FOOD. PROPERTY IS GATED. ALL 4 UNIT HAS ITS OWN GARAGE EXCEPT THE SINGLE HOUSE.
September, 2014-Now $259,950.00...Subject is the green building in the middle of the block. Large parking lot in front belongs to the subject....No reciprocal parking agreements with the neighbors Two Story wood frame building. 1967 construction. 2 Studio Units and Four one bedroom, one bath units...All electric service. Each unit has a separate electric meter.
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.
29 units (1 bedroom 1 bath) plus an owner/manager residence of 4 bedrooms, an office, 3 bathrooms, private pool and a 4 car garage. Parking spaces for 29 vehicles. Each unit is 547 sq. ft. The owner/manager residence is 2800 sq. ft.
13 Units, 100% Occupied. Offer subject to inspection & verification of financial information. Buyer to verify Sqft. PG&E $3000, Water/sewer $5400, Garbage $2088, Insurance $2200,Tax $4600.00 yearly
AS OF 05/27/14, AVAIL.. WON'T LAST! 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.
12 UNITS EIGHT 2 BEDROOMS 1 BATH & 4 ONE BEDROOM 1 BATH, THE INCOME $8100 PER MONTH,OFFER SUBJECT INSPECTION PLEASE DO NOT ASK THE TENANTS THANK YOU.
BULK SALE - Great opportunity to add 4 multi-family properties to your portfolio in one single purchase. Seller would like to sell all 4 properties as a bulk sale; 67 units total. The pilgrim properties are adjacent to each other. 1. 613 Camanche Ln. Stockton, CA. 95207 * 34 units (3 buildings) Within 1.0 mile of Delta College and 1.5 miles from the University of the Pacific. Within walking distance to St. Mary' s High School and 1 mile from shopping corridor at Pacific Ave and March Ln In addition to this, it offers great access to interstate 5. 2. 522 N Pilgrim Street. Stockton, CA. 95205 * 11 units 3. 530 N Pilgrim Street. Stockton, CA. 95205 *9 units Both Pilgrim properties are within 1.0 mile from Stockton' s downtown waterfront and Weber point. The waterfront has a newer arena and ball park, home to the Stockton Thunder (hockey team) and Stockton Ports baseball team (respectively). Four blocks away from shopping corridor at Wilson and Fremont where Eastland Plaza Center is located. In addition to this, it offers great access to highway 4, I-5 and highway 99 4. 537 E Fremont Street. Stockton, CA. 95202 *13 units Within 0.5 mile of Stockton waterfront.
Marcus and Millichap is pleased to present a 15 unit apartment complex located in Stockton, California. The Arena Park Apartments were constructed in 1976 using wood frame, and feature a garage that can be accessed from the street by ramp into the partial basement. The two floors of living space above have an open air interior hall running through both floors of the building. The current owner is a contractor who bought the property in 2010. Since then he has remodeled thirteen of the fifteen unit interiors. Renovations by owner and proactive management by Metzger Property Management have brought the property to 93% occupancy today, with 1 vacancy to be filled shortly. Rents have been kept low to ease in lease up and operations. There are twelve 1-bedroom units of 497 square feet each. Two 2-bedroom units of approximately 600 square feet, with an included private front patio area. The studio unit is slightly smaller than the 1 bedroom. A proactive owner can benefit from the increasing rent stabilization and growth in Stockton, as the local real estate market accelerates out of the now fading 2008 market downturn.