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Bryan Powell

[email protected] +1(916) 521-4687

$ 1,100,000

Est. payment -/mo

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11350 N Highway 99 Lodi, CA 95240

5,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $220

MLS Listing ID 225054442

HOA Y/N No

Lot Size 1.120 Acres

Acres 1.12

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

This offering presents investors with an excellent opportunity to acquire a seven (7) unit asset in a market that continues to experience strong rent growth and an increase in population. This asset allows an investor to continue to add value in this bustling market. The Cabanas Living Community is situated on 1.12 acres of land and is comprised of six (6) individual homes and one (1) large, commercial/warehouse building. Of the six individual homes, three of them are one-bedroom / one-bath units; two are two-bedroom / one-bath units, and one unit is a two-bedroom / two-bath unit. All home units have been fully remodeled and all units are loaded with amenities, such as; private backyards, washer/dryer hookups, private parking, ceiling fans, dual-pane windows, granite counter tops, wall-to-wall tile, security doors, dishwashers, garbage disposals, new roof, new siding, all new cabinetry, all new bath/kitchen fixtures, and much more. The commercial/warehouse building is approximately 2,000 square feet in size. With approximately 1.12 acres of land, the access land provides an investor with additional options, in the future, to add to the site's ability to generate cash flow.

Location

State CA

County San Joaquin

Area 20904

Direction Traveling North on HWY 99, take the Eight Mile Road exit and then turn onto HWY 99 Frontage Road. Continue North for about a mile. The property will be on your right, at the corner of 99 Frontage Rd and E Morse Rd.

Interior

Heating See Remarks

Cooling Wall Unit(s)

Flooring Tile, See Remarks

Laundry Washer/Dryer Hookups

Exterior

Parking Features Carport, See Remarks

Utilities Available Natural Gas Connected, Cable Connected, Internet Available

Water Access Desc Well,Private

Total Parking Spaces 8

Building

Lot Description None

Story 1

Foundation SeeRemarks

Sewer Septic System, See Remarks

Water Well, Private

Schools

Elementary Schools Lodi Unified

Middle Schools Lodi Unified

High Schools Lodi Unified

School District San Joaquin

Others

Senior Community No

Tax ID 059-260-71

Special Listing Condition None

Listed by Colliers Parrish Intenational Inc.

Bryan Powell

Broker | CA DRE#02003689

+1(916) 521-4687

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Bryan Powell

11350 N Highway 99 Lodi, CA 95240

Key Details

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11350 N Highway 99