Off Market

245 Railroad Flat Road, Rail Road Flat, CA 95245

245 Railroad Flat Road, Rail Road Flat, Calaveras, CA, 95245
1 month ago
Views: 15

$550,000(Negotiable)

Overview

3494795

Type

Other

Parking

Yes

Sqft

264

Build Year

1960

Purpose

For Sale

About This Listing

Exceptional opportunity to acquire a 26-space mobile home park offered at $550,000, equating to approximately $21,150 per space, well below typical market pricing and positioned for a quick sale due to seller health circumstances. The property currently has rents ranging from $500 to $600 per month and presents a value-add opportunity, as current operations are not yet optimized and the asset is not presently producing positive cash flow. This creates significant upside for an investor to improve management, fill spaces with RV or Mobile/Manufactured Homes, and enhance overall performance. Once stabilized, the property has the potential to deliver a projected cap rate exceeding 15%, making it an attractive repositioning opportunity in the resilient affordable housing sector. In addition, ownership offers valuable depreciation tax benefits, which may help offset taxable income and improve overall returns (buyers to verify with their tax advisor). Offering private financing with $170,000 down, providing a flexible acquisition structure and reducing reliance on traditional lending. This is a rare chance to acquire a below-market asset with substantial upside and long-term growth potential.

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MetroList CA data Last Updated: June 30, 2026, 10:33 pm

Data Source: SACM