1022 S Wilson Way, Stockton, CA
Multi-Use property includes 12 motel units, 9 studio units, 1 duplex and 22 mobile home units. Not all units are rented/leased and property is priced based on current value of income. Creative financing is an option and the opportunity has many upward advantages. Amenities vary by unit. Motel City Citations have been cleared and other units Citation remedies are in process.
Current Private lender will consider carrying OAC. Current minimum terms are $300,000 – 8% – 5 years but amount and length of loan are open; rate is pretty well fixed. Call co-listing agent for other terms and to arrange for showing: Angad Bhullar at 510-304-6676