14135 Musso Rd - Manufactured Housing/Mobile Housing FOR SALE


Auburn, CA 95603
$3,750,000 USD
916-952-0411
14135 Musso Rd, Auburn, CA for Sale
$3,750,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/56
null | 7.91% Cap Rate

14135 Musso Rd
Auburn, CA 95603


HIGHLIGHTS

  • Proforma Cap Rate is 13%+
  • 9 Cabins, 1 Duplex, 10 Park-Owned Mobile Homes, 23 Spaces
  • Strong In-Place Income with Clear Upside

OVERVIEW

Turnkey investment opportunity in Auburn with strong in-place income and clear upside. Fully occupied 44-unit mobile home park with a waiting list, low vacancy risk and consistent demand. Unit mix includes 23 spaces, 10 park-owned mobile homes, 9 park-owned cabins, and 1 duplex, providing multiple income streams. Stable tenant base with long-term occupancy (many 15+ years) supports predictable cash flow. Recent upgrades to water and septic systems reduce future capital expenses. All utilities are sub-metered, helping control operating costs. Current cap rate is 7.91%. Pro forma cap rate exceeds 13% by aligning rents with market levels. Additional $600K+ value-add potential through repositioning and optimizing park-owned units. Clean, stable asset with strong yield and upside, built for long-term hold or strategic value-add execution.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$750 USD /SF

# OF UNITS

44

PRICE/UNIT

$85,227

CAP RATE

7.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

RM-DL8-UP-DC

APN/PARCEL ID

053-050-019,053-050-020,053-050-025

ASK ABOUT THIS PROPERTY

Andrew BoleyeXp Realty of CaliforniaMore Info
916-952-0411

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Andrew BoleyeXp Realty of CaliforniaMore Info
916-952-0411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.