Overview
About This Listing
Turnkey investment opportunity in Auburn with strong in-place income and clear upside. Fully occupied 44-unit mobile home park with a waiting list, low vacancy risk and consistent demand. Unit mix includes 23 spaces, 10 park-owned mobile homes, 9 park-owned cabins, and 1 duplex, providing multiple income streams. Stable tenant base with long-term occupancy (many 15+ years) supports predictable cash flow. Recent upgrades to water and septic systems reduce future capital expenses. All utilities are sub-metered, helping control operating costs. Current cap rate is 7.91%. Pro forma cap rate exceeds 13% by aligning rents with market levels. Additional $600K+ value-add potential through repositioning and optimizing park-owned units. Clean, stable asset with strong yield and upside, built for long-term hold or strategic value-add execution.
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957 Golden Gate Terrace, Grass Valley, CA 95945
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Source:
Listed by: Tucker Commercial -
Details
$1,250,000(Negotiable)
874 57th Street, Sacramento, CA 95819
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Source:
Listed by: Ken Turton, Broker -
Details
$950,000(Negotiable)
22 West Main Street, Ione, CA 95640
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Source:
Listed by: eXp Realty of Northern CA -
Details
$1,200,000(Negotiable)
