11350 N Highway 99 new Save Request In-Person Tour Request Virtual Tour
Lodi,CA 95240
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
Originating Board MLS Metrolist
Lot Size 1.120 Acres
Acres 1.12
Property Sub-Type 5 or More Units
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