BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. Ideal for winter and summer occupants. Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. 10 studios, 1 - 3 bedroom 1 -1 Bedroom. Long standing tenants with leases. Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. Gross approximately $9,000 per month. State inspection valid. No outstanding issues. Owner may be able to hold financing to qualified buyers 65% down. Video Tour https://youtu.be/b2-Z4PItyGA
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