245 S. Railroad Flat Rd - Manufactured Housing/Mobile Housing FOR SALE


Rail Road Flat, CA 95248
$550,000 USD
916-765-1250
245 S. Railroad Flat Rd, Rail Road Flat, CA for Sale
$550,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/20
null | Request Cap Rate

245 S. Railroad Flat Rd
Rail Road Flat, CA 95248


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$2,083 USD /SF

# OF UNITS

26

PRICE/UNIT

$21,154

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calaveras Valley Village - $21K per Space

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

2

LAND DETAILS

LAND ACRES

8.47 AC

LAND SF

368,828 SF

ZONING

C2

APN/PARCEL ID

014-014-088-000

ASK ABOUT THIS PROPERTY

Samuel WeinerExp Realty Of California, Inc.More Info
916-765-1250

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Samuel WeinerExp Realty Of California, Inc.More Info
916-765-1250

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