17663 Vierra Canyon Rd - Manufactured Housing/Mobile Housing FOR SALE


Salinas, CA 93907- Elkhorn/Pajaro
$3,489,000 USD
831-682-0438
17663 Vierra Canyon Rd, Salinas, CA for Sale
$3,489,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/33
null | 5.3% Cap Rate

17663 Vierra Canyon Rd
Salinas, CA 93907
Elkhorn/Pajaro


HIGHLIGHTS

  • Registered Seven Space Mobile home park - 6 Existing Owner Owned Mobile Homes
  • Four single family residences
  • 6 legal and seperately conveyable parcels and apns
  • 17653 Vierra apn: 125-171-020/ 17655 Vierra apn: 125-171-059/ 17657 Vierra apn: 125-171-033
  • 17659 Vierra apn: 125-171-032/17661 Vierra apn: 125-171-034/17663 Vierra apn: 125-171-058
  • Room for additional unit, storage or expansion

OVERVIEW

MORTON MOBILE HOME PARK & RESIDENTIAL PORTFOLIO. 17653–17663 Vierra Canyon Road | Prunedale, California This is a rare opportunity to acquire a diversified, income-producing portfolio consisting of six legal parcels in a highly accessible North Monterey County location. The property includes a licensed 7-space mobile home park (6 spaces currently utilized), four single-family residences, an on-site manager’s office/residence, and multiple ancillary structures supporting ongoing operations. The asset delivers stable in-place income with immediate upside through lease optimization, renovation, and strategic repositioning. Located within walking distance to major neighborhood retail including Safeway, Starbucks, CVS, Taco Bell, and McDonald’s, and positioned near a public transit line at the base of Vierra Canyon Road, the property offers strong tenant demand fundamentals driven by convenience and accessibility. INVESTMENT HIGHLIGHTS Diversified Income Stream – Multiple unit types including single-family homes, mobile homes, and an office/residential unit provide stability across asset classes Licensed Mobile Home Park – Registered 7-space park with 6 installed units delivering consistent rental income with established infrastructure Value-Add Opportunity – Existing mobile homes are older; modernization or replacement presents a clear path to increased rental income Reconstruction Upside – Fire-damaged single-family residence at 17663 Vierra Canyon Road offers additional income potential upon renovation Strong Demand Drivers – Walkable access to shopping, dining, and daily services combined with proximity to Highway 101 supports long-term occupancy Flexible Exit Strategy – Six legal parcels may be conveyed separately, allowing for phased resale, repositioning, or portfolio breakup Operational Efficiency – Tenant-paid utilities and existing systems contribute to lower operating expenses PROPERTY COMPOSITION Six legal parcels comprising a diversified residential and mobile home park portfolio. Four single-family residences, three of which are currently rented and one that is non-income producing due to fire damage. One on-site manager’s office/residence. Six mobile homes including three single-wide one-bedroom, one-bath units with two currently rented, and three double-wide units with two rented and one recently renovated and ready for occupancy. Registered 7-space mobile home park with 6 active spaces. Additional storage structures and improvements supporting ongoing operations. A detailed rent roll and financial information are available. VALUE-ADD OPPORTUNITY The property presents a clear path to increased revenue through lease-up of vacant units, renovation or replacement of older mobile homes to align with current market demand, and reconstruction of the fire-damaged residence to restore income. Additional upside exists through operational improvements and rent stabilization across the existing unit mix, positioning the asset for measurable NOI growth. LOCATION OVERVIEW Strategically located in Prunedale, the property offers convenient access to Highway 101 with connectivity to Salinas, Monterey, Santa Cruz, and San Benito County employment centers. The surrounding area benefits from strong neighborhood retail, including grocery, pharmacy, and dining options within walking distance, along with nearby public transportation. This combination supports consistent tenant demand and long-term occupancy stability. OFFERING SUMMARY Six legal parcels comprising a diversified, income-producing residential and mobile home park portfolio with in-place income, measurable upside, and multiple exit strategies.

FOR SALE DETAILS

PRICE

$3,489,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

11

PRICE/UNIT

$317,182

CAP RATE

5.3%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morton Mobile Home Park 17653-17663 Vierra

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.61 AC

LAND SF

287,932 SF

ZONING

SFR+Mobile Home Park

APN/PARCEL ID

125-171-020-000,125-171-032-000,125-171-033-000,125-171-034-000,125-171-058-000,125-171-059-000

ASK ABOUT THIS PROPERTY

ConnieJo StubblefieldStubblefield Luxury - Land -Ranch REMAX EmpireMore Info
831-682-0438

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ConnieJo StubblefieldStubblefield Luxury - Land -Ranch REMAX EmpireMore Info
831-682-0438

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