MLS® ID: 19070486

347 East Flora Street

Stockton, California, 95202

$6,287,000 Active
  • - SQFT
52 unit senior community garden apartment complex with 100% HAP contracts that includes the right to request annual increases based on the market, a 60 day vacancy reimbursement, the county provides the tenants and a tax abatement is available to waive ad valorem taxes. The government contract is a 15 year agreement which will be renewed in 2031. The existing cap rate is 7%. This beautiful 2 two story Seniors 55+ ONLY complex has new roof, new asphalt and much more. Units come with range, refrigerator plus Many safety features including Closed Circuit cameras and security gates. Close to down town, Saint Joseph's Medical center, Shopping centers and Parks!! See brochure in docs area!
Read More

Overlay Logo Listing courtesy of Keller Williams Realty

Amenities

  • Zip
    95202
  • Office name
    Keller Williams Realty
  • Property type
    Other
  • Zoning type
    R-3 Multi Residential
  • Lot size
    0
  • Heating
    Furnace Wall
  • Agent name
    Marlena Buksh
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Acreage Range
    < 0.25
  • Office ID
    01KWRE07
  • Agent ID
    SBUKSHMA

Location

Virtual Tours

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info