Meadowbrook Mobile Estates 18880 Sonoma Hwy

Meadowbrook Estates is a 37-space manufactured housing community located at 18880 Highway 12 in Sonoma, California. The park consists of 37 mobile homes that are 100% occupied and resident owned. Meadowbrook is on 4.21 acres and operates on city water and sewer. Gas, electric, and garbage are direct billed to the tenants. It is an all age park located in unincorporated Sonoma County. Currently there is no on-site management and the seller does the off-site management. The annual rent increase is capped at the lesser of 70% of the CPI change or 4% of the previous year's rent. Rents can be raised 5% on turnover. Just 40 miles north of the Golden Gate Bridge, the city of Sonoma and the surrounding Sonoma Valley provide the “perfect blend” of a friendly, small-town, wine country community that’s rich in history with the innovative, entrepreneurial culture of the San Francisco Bay Area. Recent major improvements are complete on the Sonoma Marin Area Rail Transit, a.k.a. SMART Train. Local bus service with routes to other Sonoma County cities is provided by Sonoma County Transit. Tourism and agriculture are the major economic drivers for Sonoma Valley. The online travel site TripAdvisor recently ranked Sonoma County as the top wine destination in the nation, second to Tuscany in worldwide rankings. The birthplace of California’s famed wine industry and home to more than 100 wineries and tasting rooms, Sonoma Valley is a destination favored by visitors from around the world for its food, culture, scenery, and vitality. It is estimated that close to a million visitors each year are attracted to Sonoma Valley’s wineries, art galleries, historical sites, spas, restaurants, races, festivals, and other special events.