18123 Joy Cir - Manufactured Housing/Mobile Housing FOR SALE


Challenge, CA 95925
$360,000 USD
18123 Joy Cir, Challenge, CA for Sale
$360,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/21
null | Request Cap Rate

18123 Joy Cir
Challenge, CA 95925


HIGHLIGHTS

  • Private and secluded, appealing acreage, services, conveniences, year round recreation sites near by
  • Responsible, long term tenants
  • Room to expand and/or transform for various other uses

OVERVIEW

Park yourself in the pines! An exciting income producing opportunity awaits at Cedar Brook Mobile Home Park, tucked back from view off a paved road on 5.77 acres. Nine of the 10 spaces are rented to long term, responsible tenants on leases. The attractive, well maintained senior park with a year round creek features privately owned mobiles and RVs, security cameras, and a storage barn/outbuilding with laundry facilities and an ample loft studio apartment. Two septic systems accommodate all units and there's high speed Internet via Starlink. Water is through the North Yuba Water District. The park provides water, septic and trash removal. Annual revenue is from monthly space rents and washer/dryer usage. Zoning allows various agricultural and residential possibilities in addition to the present configuration. Some seller financing is available. Located in a serene foothills community in a peaceful, secluded setting, this adaptable property is convenient to shopping, services and schools with several lakes and recreation areas in the vicinity. Take advantage of an affordable, ready to go investment with everything in place to enjoy and earn money right away on or off site!

FOR SALE DETAILS

PRICE

$360,000 USD

PRICE/SF

$119 USD /SF

# OF UNITS

10

PRICE/UNIT

$36,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

11

LAND DETAILS

LAND ACRES

5.77 AC

LAND SF

251,341 SF

ZONING

ARR

APN/PARCEL ID

050-400-012-000

ASK ABOUT THIS PROPERTY

Victoria CraigCentury 21 Select Real EstateMore Info

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