4628 Kings Valley Rd
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4628 Kings Valley Rd
8 Unit Mobile Home Park £894,775 (£111,847/Unit) Crescent City, CA 95531
Investment Highlights
- Easy to manage. Great location and quiet. Desirable as an alternative to apartments with some room for residents
- Large lot
- Additional income can be added
Executive Summary
9 unit mobile home park with 8 units occupied and one vacant unit. All units are owned by the park and there is no leasing fees. Tenant occupied on all units. Rents are 120k a year with additional income in adding a 5th wheel or mobile single wide in the 9th space. Septic system in good shape. City water. On a spacious lot with potential to expand. The units have been gone through by current ownership. Expenses are low. Buyer could continue to run as rental units park owned, or sell off the individual units mobiles and lease back spaces. Additional income could be derived from adding some limited self storage units, or metal garage units, check with the county. Very quiet peaceful and serene property with acreage.
Seller will coop with brokers request for a buyers broker fee.
Seller is principal.
Seller will coop with brokers request for a buyers broker fee.
Seller is principal.
Property Facts
Price | £894,775 | Apartment Style | Garden |
Price Per Unit | £111,847 | Building Class | C |
Sale Type | Investment | Lot Size | 4.40 AC |
Sale Conditions | 1031 Exchange | Building Size | 8,000 SF |
No. Units | 8 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 1 |
Property Subtype | Manufactured Housing/Mobile Home | Year Built | 2000 |
Price | £894,775 |
Price Per Unit | £111,847 |
Sale Type | Investment |
Sale Conditions | 1031 Exchange |
No. Units | 8 |
Property Type | Residential |
Property Subtype | Manufactured Housing/Mobile Home |
Apartment Style | Garden |
Building Class | C |
Lot Size | 4.40 AC |
Building Size | 8,000 SF |
Average Occupancy | 100% |
Number of Floors | 1 |
Year Built | 2000 |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 8 | - | - |
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PROPERTY TAXES
Parcel Number | 106-700-001-000 | Improvements Assessment | £55,339 |
Land Assessment | £457,360 | Total Assessment | £512,698 |
PROPERTY TAXES
Parcel Number
106-700-001-000
Land Assessment
£457,360
Improvements Assessment
£55,339
Total Assessment
£512,698
zoning
Zoning Code | Mobile Home Park |
Mobile Home Park |
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Maguire Real Estate and Investments
4628 Kings Valley Rd
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