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Samuel Weiner

samuel@goweiner.com +1(530) 313-4085

$ 550,000

Est. payment | -/mo

7.41 Acres Lot

Save

$ 550,000

Est. payment | -/mo

Save

7.41 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226042912

HOA Y/N No

Year Built 1960

Lot Size 7.410 Acres

Acres 7.41

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

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.

Location

State CA

County Calaveras

Area 22029

Direction From Mokelune Hill, take hwy 26 east, turn right on Ridge Rd, turn right on Railroad Flat Rd., property is on left.

Location Details Other

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Parking Features Private

Utilities Available Telephone, Internet Available, Propane

Water Access Desc Private

Roof Type Other

Topography Lot Sloped

Building

Sewer Septic System

Water Private

Others

Senior Community No

Tax ID 014-014-088-000

Special Listing Condition None

Listed by eXp Realty of California, Inc.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 313-4085

samuel@goweiner.com

4101 Mother Lode Dr, Springs, CA, 95682, United States

245 Railroad Flat RD Rail Road Flat, CA 95245

Samuel Weiner

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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245 Railroad Flat RD