OFFERING MEMORANDUM St. Francis Motel 5 7 0 8 N H I G H W A Y 9 9 , S T O C K T O N , C A 9 5 2 1 2 Joshua Ballesteros Investment Advisor NAI Northern California
[email protected] NAINORCAL.COM 415.480.0214 CalDRE #02010271 Executive Summary n a i n o r c $1,500,000 8,000 SF Income & Expenses a l . c PRICE SQ FT CONTACT BROKER o m Other Details Property Highlights Lot Size: 0.76 Acres Steady 50% occupancy throughout majority of the year, close to 40% Price Per SF: $188 in the winter. # of Rentable Units: 20 Located directly off of frontage road for CA Hwy-99 which stretches # of Buildings: 2 near the entire length of California from North to South. Year Built: 1960 Centrally located between Stockton to the west and south, Morada APN: 087-030-13 and Lodi to the North, this area serves as a gateway to the California central valley with the California foothills due directly east. Floors: 1 3 - 2bd units, 17 - 1bd units with 20 rentable units in total plus a manager's office and suite. 9 rooms with recently upgraded vinyl flooring. Nightly and weekly rentals with an average $75 per night (+tax), $330 per week (+tax). Median household income of $97,746 within a 1 mile radius. Due west via Hammer Lane, close proximity to Home Depot, Lowe's Home Improvement, Burlington Coat Factor, Walmart Supercenter, Chase Chevrolet, Stockton Automall and state of the art Cesar Chavez Highschool. 2 5708 CA-99 Table of Contents Stockton, CA 95212 Joshua Ballesteros Investment Advisor 09 14 19 O: 415.480.0214 n LOCATION SALE DEMOGRAPHICS
[email protected] a i n INFORMATION COMPARABLES CalDRE #02010271 o r c a l .