🏗️📍 Land Deal in Stockton CA | Build 20-30 Units

[Dennis Pressey Jr]

Super-rare land deal in Stockton just 3 minutes from Downtown!

This corner lot property is 10,000 square feet of empty land with no structures.

Multi-family properties are selling for approximately $180,000 per unit. CalMain Loft Apts is a newly built 30-Unit property on the same size lot of 10K sf and is located just minutes away at 500 E Main St.

This is a no-brainer deal for serious builders and investors. DO NOT WAIT, SUBMIT YOUR BEST OFFER ASAP.

ARV of $5.4M is based upon 30-Units x $180,000 per unit
(Comparable = CalMain Loft Apts)

**Multifamily Sales within Last 6 Months**

• 310 E Oak St | 4-Unit | $705,000
• 21 E Walnut St | 4-Unit | $725,000
• 271 E Bianchi St | 3-Unit | $550,000
  
  
• Avg Price Per Unit | $180,000

**Vacant Lot Sales within Last 6 Months**

• 1860 E Anita St | 4800 SF | $500,000
• 2834 Monte Diablo Ave | 7300 SF | $350,000
  

**Your Next Steps**

1. Make Your Best Offer
   
2. Complete Inspections and Due Diligence
3. Place Deposit and Execute Assignment Agreement
4. Close Per Terms of Original Agreement

**Disclaimer And Details**

Property inspections ARE allowed with deposit. This is a Contract Assignment that is prepared to close.

You are expected to perform your own due diligence and assess value. Any information provided here is in good faith only and not intended to be legal advice.

Ready to close with no encumbrances or delays.