Description
Stellar Income/Asset/Value! 3 Story Complex of approximately +- 15,000 Sq. Ft. according to Public Record, with approximately 10,000.00 +- Sq. Ft. in use, with 29 Residential 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 Property is projected to be potentially approximately +- $22,700.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Income of $272,400.00; 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/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Note: Incredibile Owner/Seller Financing available, with easy qualifications, 5.95% Fixed Interest Rate, which is fully Amortized over 30 Yrs., with No-Prepayment Penalty + potential assumability by a subsequent future Purchaser of the Subject Property. Note: Listing Agent Represents Seller(s) Exclusively, not Buyer(s)!Thus,for additional information/questions, contact your R.E. Agent that represents your interests Exclusively!
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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15,000SQFT
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$99$/SQFT
School Ratings & Info
Description
Stellar Income/Asset/Value! 3 Story Complex of approximately +- 15,000 Sq. Ft. according to Public Record, with approximately 10,000.00 +- Sq. Ft. in use, with 29 Residential 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 Property is projected to be potentially approximately +- $22,700.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Income of $272,400.00; 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/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Note: Incredibile Owner/Seller Financing available, with easy qualifications, 5.95% Fixed Interest Rate, which is fully Amortized over 30 Yrs., with No-Prepayment Penalty + potential assumability by a subsequent future Purchaser of the Subject Property. Note: Listing Agent Represents Seller(s) Exclusively, not Buyer(s)!Thus,for additional information/questions, contact your R.E. Agent that represents your interests Exclusively!
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