120 School Avenue, Modesto, CA

$415,000

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0.29

Acres

About 120 School Avenue

Welcome to M&T Mobile Home Park, a rare investment opportunity in the city of Modesto, California. This property offers immense rental upside. Five of the six homes are park-owned. Two units are vacant and prepared for market rate occupancy. There's a clear path for a new owner to generate a pro forma 7.3%+ cap rate.

Features of 120 School Avenue

MLS® # 223083853
Price $415,000
Acres 0.29
Year Built 1976
Type Residential Income
Sub-Type Other
Status Active

Community Information

Address 120 School Avenue
Area Ceres West of Hwy 99
City Modesto
County Stanislaus
State CA
Zip Code 95351-7318

Amenities

Parking Spaces 6
Parking Varies by Unit
Has Pool No

Interior

Interior Carpet, Linoleum, Laminate, Varies By Unit
Heating Wall Furnace
Cooling Wall Unit(s)
Fireplace No

Exterior

Lot Description Sidewalk
Foundation None

School Information

Attendance Zone SHACKELFORD ELEMENTARY SCHOOL, EVELYN HANSHAW MIDDLE SCHOOL, THOMAS DOWNEY HIGH SCHOOL
District Stanislaus
Elementary Modesto City
Middle Modesto City
High Modesto City

Additional Information

Zoning R1

Listing Details

OfficeCosol Commercial Real Estate

Listing Map

Listing Schools/Amenities

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