$1,925,000
A fabulous Bargain! Incredible Portfolio Offering! 3 contiguous Properties, i.e., 32-is a Parking Lot + 28 & 34 are structures with a combined complex unit count of 35 Rentable/Leasable income producing units, in addition to an on-site Managers Quarter, which is not part of the unit count! Stellar Income, Cash Cow! Performing Assets! In addition, 3 street-level floors are approximately, 20,101 +- Sq. Ft., plus basements, which are not calculated in the Public Record square footages, that may be, (a combined) square footage of approximately +-, an additional 10,101 +- Sq. Ft. with approximately 10,000.00+- Sq. Ft. in use, with 29 rentable Units, which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Properties are projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft., of Residential/Retail Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. + an additional 5 unit building which is Approximately +- Sq Ft. of 5,101 which adds Month-to-Month of income of approximately an additional of $15,000.00 @ $1,250.00 per-Month, annually! Properties are Close to shopping, transit, dining, coffee, shops, etc., coupled with easy, convenient, Freeway access. INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND POTENTIALLY INCREASE YOUR WEALTH!
226132449
MLS
28/34 S American Street, Stockton
Listing courtesy of Intrust Properties, Inc..
