Contact Information

Mobile Home Park Details

  • Price: $459,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 6717980
  • Posted On: Sep 5, 2024
  • Updated On: Sep 8, 2024

Description

Opportunity is knocking! Four space, State Licensed Mobile Home Park on .95 of an acres.

Income Producing Property in a growing residential area where reasonable prices can still be found. MLS #224062536List Price: $459,900
Approximate SqFt:1750 Sq Ft. Lot Size:0.9600 ac. Number of Buildings: 1, Number of Units: 4 APN:013-580-001-000C Virtual Media; www.ryandemello.com. Live in the Main house and collect income from the Three other large spaces that currently have 3 newer fifth wheel and/or RV trailers with tenants already in place on spaces B, C and D. The 1750 sq. ft., 2005 Manufactured skyline home constructed and completed in 2007 is on a permanent foundation (HCD433A filed). New paint inside and out. New front and back porches built. New waterproof vinyl plank flooring in the huge kitchen and dining area. New carpet throughout the rest of the home. This home is move in ready! Alternatively, the possibility for expansion to increase income may be possible, check with State (HCD) and Local (County) planning departments directly for information. Property Features: Unit #1Beds:3 Baths:2 Sq Ft:1750 Sq Ft. Units Month to Month. Units Total 4. Appliances: Disposal, Dishwasher, Gas Water Heater, Free Standing
Refrigerator, Free Standing Gas Range, Free Standing
Gas Oven. Architectural Style: Craftsman House Fan, Ceiling Fan(s) Rental/Lease Agreement(s)Electric:220 Volts Energy Efficient: Construction, Insulation, Flooring: Laminate, Carpet Foundation: Washer/Dryer Hookups. Lease Term: Month To Month Updated/Remodeled Roof: Composition, Shingle Separate Meters: Gas, Electricity Sewer: Public Sewer. Tenant Pays: Gas, Electricity Topography: Level. Permanent foundation. Electric, City, Natural Gas Connected, Cable
Available Utilities, Water Source: Public, Meter on Site, Water District. Window Features: Low E Glass Full, Window Screens, Window
Coverings, Dual Pane Full, Caulked/Sealed Year Built:2007 Zoning: R-02
Presented by: Ryan De Mello CA DRE License #01232913,
707-495-2455

Golden Gate Sotheby's International Realty CA DRE License #02027353, 707-255-0845
Featured properties may not be listed by the office/agent presenting this brochure. Information has not been verified, is not guaranteed, and is subject to change. [IDX_Disclaimer_2] [IDX_Disclaimer_3] (U.S. Patent 6,910,045)

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Park Information

Community Type: All Age
Number of MH Lots: 4
Total Occupancy: 75.0 %
Year Built: 2007
Average MH Lot Rent: $525
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income: $45,300
Operating Expense: $14,023
Net Operating Income: $31,277
Expense Ratio: 31.0 %
Debt Info: Free and clear

Lot Information

Singlewide Lots: 1
Triplewide Lots: 3

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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