Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2629 Waterloo Rd Stockton, CA 95205

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,720,000

    44-unit mobile home park with upgrades and freeway access.

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Luis Vazquez
    Source: Sperrycga

    Listing Agent: Luis Vazquez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Well-Maintained Mobile Home Community

    El Rey Mobile Home Community features 44 rental units on approximately 2.07 acres. Constructed in 1973, the property includes 40 mobile home lots and four permanent stick-built homes. Situated on Waterloo Road, the property benefits from high street visibility and convenient access to the surrounding area. City utilities, including water, sewer, electricity, and gas connections, are available for tenants. Improvements completed between 2016 and 2022 include new asphalt and paving, rehabilitation of the front house, a new electrical system throughout the park, a new underground gas system, and the addition and renovation of many units. The property is located on Waterloo Road, west of the 99 Freeway's Waterloo Road offramp, adjacent to Victory Outreach Church to the east and an industrial park to the west. Waterloo Road is a commercial street serving the local community.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.2601845
    Latitude
    37.9792962

    Nearby Similar for Sale

    • New
      $689,000
      Pending

      Stockton Duplex in Quail Lakes

      Duplex in Quail Lakes with well-maintained units and private yards.
      1728- Silver Creek Cir, Stockton, CA 95207
      View Details
    • $474,900
      1,390 SF

      Stockton Duplex: Investor Opportunity

      Duplex in Stockton, CA with strong cash flow potential.
      2150 Michael Ave, Stockton, CA 95206
      View Details
    • $3,345,000
      23,336 SF

      STOCKTON Commercial Property For Sale

      Turnkey net leased investment property, perfect for 1031 exchange.
      321 E Weber Ave, Stockton, CA 95202
      View Details
    • New
      $615,000
      2,741 SF

      Stockton Triplex: Investment Opportunity

      Well-maintained triplex in Stockton with recent upgrades.
      722 E Swain Rd, Stockton, CA 95207
      View Details
    • $649,000
      6,208 SF

      Stockton Multifamily Investment Opportunity

      Multi-unit property near downtown Stockton with high cash flow potential.
      933 N Madison St, Stockton, CA 95202
      View Details
    • $474,250
      2,896 SF

      STOCKTON Fourplex Investment Opportunity

      Four-unit multifamily property in Stockton's Midtown West neighborhood.
      111 W Poplar St, Stockton, CA 95202
      View Details
    • $699,250
      2,950 SF

      STOCKTON Triplex with Carport

      Multi-family property in Stockton's Midtown West neighborhood with ample outdoor space.
      1302 Holt St, Stockton, CA 95203
      View Details
    • $399,500
      1,936 SF

      Stockton Duplex in Historic Neighborhood

      Two-unit property with value-add potential in central Stockton.
      421 E Rose St, Stockton, CA 95202
      View Details
    • $1,999,500
      11,518 SF

      Stockton Multifamily Investment Opportunity

      20-unit multifamily property near downtown Stockton.
      545 N California St, Stockton, CA 95202
      View Details
    • $709,000
      1,070 SF

      Stockton Triplex Investment Opportunity

      Triplex with high cash flow potential in central Stockton.
      1217 E Harding Way, Stockton, CA 95205
      View Details
    • $489,250
      2,080 SF

      STOCKTON Triplex with Six Bedrooms

      Multifamily property featuring six bedrooms and three bathrooms.
      1916 Vicki Ln, Stockton, CA 95205
      View Details
    • $559,900
      Pending

      Income-Generating Triplex Near Hammer Lane

      Triplex with strong rental appeal near transportation and commercial areas.
      8829 Kelly Dr, Stockton, CA 95209
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 44-unit mobile home park with upgrades and freeway access.
    Where is this mobile home & rv park located?
    The property is located at 2629 Waterloo Rd Stockton, CA.
    What is the asking price?
    The asking price for this property is $3,720,000.
    What are key features of this property?
    This property features: - 44 well-maintained rental units (40 mobile home lots and 4 stick-built homes) on 2.07 acres.; - Upgraded electrical system and new underground gas system installed between 2016 and 2022.; - Excellent street exposure on Waterloo Road with easy access to the 99 Freeway.
    (310) 704-9109
    Request Owner's contact information
    2629 Waterloo Rd Stockton, CA 95205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2629 Waterloo Rd
    Stockton, CA 95205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2629 Waterloo Rd Stockton, CA 95205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Luis Vazquez
    Real Estate License ID: CalDRE #00841513
    (310) 704-9109
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.