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- LoopNet Team
317 Moffat Blvd
Manteca, CA 95336
317 Moffat Blvd & 219 S Sherman Ave · Multifamily Property For Sale
·
50,230 SF
INVESTMENT HIGHLIGHTS
- Has access to S Lincoln Ave, Moffat Blvd & S Sherman Ave.
- Strong market for mobile home parks.
- Has individual meters for gas and electric.
- Across the street from the Manteca Transit Center.
- With-in 1.5 miles of 4 major shopping centers in Manteca.
- Has recently done a Phase 1 & 2 report.
PROPERTY FACTS
| No. Units | 24 | Building Size | 50,230 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1968 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 1.15 AC | ||
| Zoning | R-4, Manteca | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 50,230 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | R-4, Manteca |
ABOUT 317 MOFFAT BLVD , MANTECA, CA 95336
This 1.15 acre former mobile home park is at a great location within walking distance of downtown across the street from both Manteca High School and the Manteca Transit Center. It has easy access to freeways with Highway 120 less than a mile away. This large parcel consists of two lots (317 Moffat Blvd & 219 S. Sherman Ave) and has access to the three roads around it (S Sherman Ave, S Lincoln Ave and Moffat Blvd). The property is currently vacant, giving the new owners the opportunity to create new possibilities. Great location to develop medium density housing, lease out pads to modular homes, or add self-owned modular or micro-housing. Mobile Home Parks in the area are at capacity, rarely with any vacancies. Its close proximity to Downtown, transit, and schools would make this park a desirable place to live. It's vacant lets the new owners the opportunity to bring in higher quality modular homes, creating a new community atmosphere, further increasing desirability and rents. The current owner has an active business licence with entitlements for a mobile home park with 23 home pads. The park's pads have individual meters for gas and electricity. City water and sewer fees are charged to the park owner. There is an option to redevelop this property into a medium density project. It's location would make an apartment or free standing micro-units very successful. Its current r-3 zoning allows up to 35 units per acre. The property has recently had both a Phase 1 & 2 report done. Attractive location location for an affordable home development. Meets many of the requirements for California Tax Credit Allocation Committee.
