$800,000
145 West Flora Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 3,648
Units 6
Cap Rate 7.80%
NOI $62,457
Tenancy Multi
Price per SqFt $133,333
Class C
Year Built 1916
Year Renovated 2025
Acreage 0.170
Zoning R3B
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.82
Ground Lease No
Sale Condition N/A
About This Property for Sale
Marketing description
Central Stockton with easy access to transportation near by. Instant return on your money with a CAP RATE of 7.74 existing in place. GRM 8.5. Low maintenance as units have all been remodeled with vaulted ceilings. Some tenants park on property and some on street. Tenants are all month to month.
Investment highlights
6 UNITS. Fully Renovated 7.74 CAP RATE in place
1- 2 Bedroom $1620
4- 1 Bedroom $1350
1- 1 Studio. $1,250
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$62,457.00
$5,204.75/mo
Valuation Metrics
0
DSCR
7.81%
Cap Rate
7.81%
ROI
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