Introducing Stevens Motel, a lucrative investment opportunity located at the Hammer Lane exit off Highway 99 in the desirable Morada neighborhood of Stockton, California. With its prime location and high occupancy rate of 90%, this 14-unit motel is a cash flow generator. The property features a well-maintained fenced yard, providing ample space for storage or future expansion. The motel also includes 17 paved parking spots with ADA spaces for added convenience. Each of the 14 units offers 1 bedroom and 1 bathroom, with five units equipped with full kitchens (all units are plumbed for full kitchens). Additionally, there is a spacious 2 bedroom, 1 1/2 bath manager's apartment on-site. Situated just outside the City of Stockton limits, Stevens Motel benefits from excellent visibility from the Golden State Highway (99). The property also boasts solar power and a commercial water well. Stockton, the 11th largest city in California, is home to a growing population and is easily accessible via major highways and a deepwater inland port. The city's strategic location, combined with its affordable real estate and logistics hub status, make it an ideal choice for investors. Don't miss out on this incredible opportunity to own Stevens Motel located at the Hammer Lane exit of Highway 99.
MLS #
ME223023370
MLS Source
MetroList Services, Inc.
Days on Site
402
Buyer's Brokerage Compensation*
2%
# Buildings / # Units
1
Parking Spaces
0
Present Use
Office
Utilities
Other
Flooring
Other
Cooling
Other
Heating
Other
Roof
Other
Water
Other, Well
Zoning
County Zoned
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
8722 N State Route 99 E Fr Road Hwy is a Commercial Sale in Stockton, CA 95212. This 3,766 square foot property sits on a 0.78 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1987.
This address can also be written as 8722 N State Route 99 E Fr Road Hwy, Stockton, CA 95212.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 10, 2024. For the most current information, please contact George Mac Master, (209) 892-8300