🔥OFF MARKET MOTEL WITH HUGE INCOME POTENTIAL IN STOCKTON🔥

San Joaquin County, Stockton, CA, 95205
Sold
Listed at: September 23rd, 2022
Price
$919,000
ARV
$2,000,000
Gross Margin
$1,081,000
Sq. Footage
18767
Type
Development
Parking
Assigned
Year build
1925
Lot size
33767.00 sqft
Bedrooms
19
Bathrooms
19
Half Bathrooms
0
Summary

Address: 1506 Mariposa Rd Stockton CA 95205


Property has 19 units total, with an office space attached to a housing unit for a live in office property manager. Units vary in design and size, but at the very minimum have a bed area, bathroom, and countertop/kitchenette. Property can be re zoned to allow multi family transition. Property is close to the 99 freeway, restaurant, gas stations, and convenience stores. Property has no liens or redtags



Units: 19

Built: 1925

SqFt: 18,767

Lot: 33,767

Zoning: C-G/R1-6

APN: 173-020-550-000

Property Class: Commercial

Property Type: Motel

County Land Use Code:62

Census Tract:002100

Subdivision Name:

MARIPOSA HEIGHTS


Asking Price: $919,900

BUY IT NOW: $924,900


Call or text Diego for more details on this

DEAL 

209-219-2459

DELIVERED VACANT


Click the BUY IT NOW button to lock this one down and avoid bidding wars.

  • Must use seller's escrow company
  • Buyer pays all closing costs
  • The deal is not final until EMD is received
  • Realtors/wholesalers add commission to our asking price



DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.


Must use seller's escrow company Buyer pays all closing costs The deal is not final until EMD is received Realtors/wholesalers add commission to our asking price DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Motuma Teramu

★★★★★
★★★★★
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Disposition manager