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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.

Property Facts

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 - -

PROPERTY TAXES

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
  • Listing ID: 34280836

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 4628 Kings Valley Rd, Crescent City, CA 95531

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