Nick Sadek Sotheby's International Realty
Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
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listing
1 of 53
CommercialFor Sale
$1,989,990
28-32&34 S American St, Stockton, CA 95202-3001
Stockton, CA 95202
Listed by: Intrust Properties, Inc., 8478849
MLS: MetroList - Sacremento
15,000Sq Ft
Est. Mortgage
$10,372/mo

Incredible Bargain! Opportunity Knocks!! Cash Cow!! Offering is for 3 individually Parcialized, identified, Parcels, i.e., #28/#32 & #34, conjoined/contiguous to one another, which are inclusive of 2 Buildings & 15 Parking Lot spaces @ $40.00 per-month each, if requested by Tenant(s)! Note: Street parking available. Note: Seller, stipulates at this time, based upon 100% occupancy the PROJECTED ANTICIPATED TARGET GROSS INCOME TO BE +- APPROXIMATELY, $23,416.66 PER MONTH X 12 MONTHS, EQUALS APPROXIMATELY,+-$280,999.92= GROSS ANNUALLY! Can't Pay Cash? No problem! Potential, Optional Seller/Owner Financing available, consisting of a fully Amortized 30-Year Loan, at a fixed interest rate of 5.95%. Note:#28 & #34 combined are 34 units, coupled with an additional 5,000 +- Sq. Ft. Street level, @ #28 for potential development of Retail Space, and/or a combination of Residential Rental Units + Store Fronts, combined with an additional +- Approximately. 10,000 Sq. Ft. combined from Street & Basement levels @ #34 In addition to Approximately +- 5,000 Sq. Ft. @ Street Level, of #28 Note: Thus there may be a combined, potential of an approximate +- 15,0000 Sq. Ft. Build-Out for additional massive profits between #28 & #34. Easy qualifications,for Seller Carry-Back, i.e., Owner Financing!

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Courtesy of Intrust Properties, Inc.
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