334 N American St - Apartments FOR SALE


Stockton, CA 95202- Downtown Stockton
$1,100,000 USD
209-905-4119
334 N American St, Stockton, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/20
null | 12% Cap Rate

334 N American St
Stockton, CA 95202
Downtown Stockton


OVERVIEW

This is a diamond in the rough and a potential Cash cow or Flip. The building has been fully remodeled; however, due to some damage done by a past tenant, there is some rehab involved. This property has had everything remodeled, including the electrical, windows, exterior paint, fencing, etc. Also, Visionary Home Builders of California are building a 94-unit complex right next door. That will make the value of this 12 unit increase dramatically. Call me to view and with questions.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

12

PRICE/UNIT

$91,667

CAP RATE

12%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CD-Commercial

APN/PARCEL ID

139-310-22

ASK ABOUT THIS PROPERTY

Erick SmithGlenn Charles InvestmentsMore Info
209-905-4119

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Erick SmithGlenn Charles InvestmentsMore Info
209-905-4119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.