8/4/2019 2902 W Swain Rd_flyer_080411
1/2
For Sale Well maintained 29 units Stockton a
Executive Summary
Location: NW Stockton near th
Country Club area
Offering Price $1,330,000Sq Ft 20,543Lot Size 1.73 acresPrice
per SqFt $60.85Price per Unit $45,862Cap Rate 9.23%GRM 6.21Year
Built 1971
Investment Highlights
Regular Sale 4 buildings on 1.73 acres Lots of recent updates
Easy access to Hwy 5 Very well managed
claimer/Confidentiality, Terms, and Conditions:
e information contained herein is strictly confidential,
furnished solely for the purpose of considering the acquisition of
the property described herein and is not to be used fopose or made
available to any other person without the expressed written consent
of Just Global, Inc. It has been obtained from the Seller and may
include other sources belreliable, but no representation is being
made with regard to its accuracy or completeness. Prospective
buyers should undertake their own investigations and reach their
own ns without reliance upon the material contained herein. Neither
the Seller nor the Agent nor any of their respective officers,
agents or principals has make or will make any rns or warranties,
expressed or implied, as to the accuracy or completeness of the
Offering Memorandum or any of its contents, and no legal commitment
or obligation shall ason of the Offering Memorandum or its
contents. Analysis and verification of the information contained in
the Offering Memorandum is solely the responsibility of the
proschaser. The Seller and Agent expressly reserve the right, at
their sole discretion, to reject any or all expressions of interest
or offer to purchase the Property and/or terminatens with any
entity at any time with or without notice. The Seller shall have no
legal commitment or obligations to any entity reviewing the
Offering Memorandum or makinurchase the Property unless and until
such offer for the Property is approved by the Seller, and any
conditions to the Buyers obligations there under have been
satisfied or w
oker Contact Information:st Global. Inc
25 McCarthy Blvd, Milpitas, CA 95035
onica Yeung Carl YeungA Lic: 01225247 CA Lic: 011487978-799-2839
[email protected] [email protected]
8/4/2019 2902 W Swain Rd_flyer_080411
2/2
For Sale Well maintained 29 units Stockton ap
Unit
Mix
and
Rental
Summary
ProformaFinancials
Rent RollUnits %Mix Rent
1brx1ba 25 83% $600 $6
2brx2ba 4 17% $710 $7
Rental
Income
214,0Less:10%VacancyLoss (21,4
Laundry 2,4
AdjustedGrossIncome 195,0
Expenses:
Utilities 27,5
Insurance 6,6
Maintenanceallowance 4%GI 8,5
Propertytax 18,0
Propertymanagementfee 11,6
TotalOperatingExpenses 72,2
NetOperatingIncome 122,7
Address Rent
2902 625
2904 600
2906 625
2908 600
2910 650
2912 vacant
2014 670
2916
625
2918 625
2920 600
2922 600
2924 600
2926 vacant
2928 630
2930 600
2932 600
2934 710
2936 vacant
2938 725
2940 600
2942 715
6003 600
6005 600
6007 625
6009 600
6011 625
6013 600
6015 600
6017 600
Address Rent
