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940 N San Joaquin St
Stockton, CA 95202
In Contract · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 16,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1969/2016 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | R-3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 16,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2016 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Security System
- Bay Window
- Refrigerator
Site Amenities
- Laundry Facilities
- Property Manager on Site
About 940 N SAN JOAQUIN ST , STOCKTON, CA 95202
Two buildings. 16 unit and an 8 unit buildings. Rent range from $650.00 to $700.00. The front 16 unit building units have individual roof top Central individual roof top mounted HVAC systems. .The eight unit building has wall heating and air conditioning units. Separate PG&E gas and electric service meters the tenants pay. Two Laundry Rooms. Gross $174,400.00, using a 40% expense factor. NOI: $105,000.00. At the price, 6.50 Cap Rate. Not including any other income such as the Laundry room Leases. Metzger Management of Stockton.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $687.50 | 500 - 625 |
Property Taxes
| Parcel Number | 139-180-50 | Improvements Assessment | $1,327,465 |
| Land Assessment | $429,473 | Total Assessment | $1,756,938 |
Property Taxes
Parcel Number
139-180-50
Land Assessment
$429,473
Improvements Assessment
$1,327,465
Total Assessment
$1,756,938
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