2864 Jefferson Ave - Manufactured Housing/Mobile Housing FOR SALE


Yuba City, CA 95993
$2,800,000 USD
209-840-3460
2864 Jefferson Ave, Yuba City, CA for Sale
$2,800,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/10
null | 6.5% Cap Rate

2864 Jefferson Ave
Yuba City, CA 95993


HIGHLIGHTS

  • 28 Sites
  • 98% Occupancy
  • No age designation in a Prime Location just 45 miles away from Sacramento
  • No rent control - Opportunity to add 2-4 more additional MH Spaces

OVERVIEW

CRI Real Estate is pleased to present the exclusive offering of Tierra Buena Mobile Home Park, a well-maintained all-age community located in Yuba City, California, just 40 miles north of Sacramento. The property consists of 27 tenant-owned homes with 1 park-owned RV situated on 3.61 acres, featuring wide paved roads and a clean, stable tenant base. Tierra Buena represents a rare investment opportunity — a 28-space all-age community offered at $2,800,000 (approximately $100,000 per site). The park generates a current NOI of $182,069 (˜ 6.50% cap rate) with a pro forma NOI of $210,266 (˜ 7.51% cap rate). The property maintains 98% occupancy with an average site rent of $750. With scheduled rent increases effective January 1, 2026, planned future water chargeback, no local rent control, and potential for 2–4 additional sites near the front entrance, Tierra Buena offers strong in-place income with upside through rent growth and expansion potential.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$2,800 USD /SF

# OF UNITS

28

PRICE/UNIT

$100,000

CAP RATE

6.5%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tierra Buena Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

-

APN/PARCEL ID

62-071-036

ASK ABOUT THIS PROPERTY

Dylan BrazilCommercial Real Estate Investors IncMore Info
209-840-3460

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Dylan BrazilCommercial Real Estate Investors IncMore Info
209-840-3460

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