294 Covered Bridge Rd - Manufactured Housing/Mobile Housing FOR SALE


Felton, CA 95018
$1,550,000 USD
831-239-9002
294 Covered Bridge Rd, Felton, CA for Sale
$1,550,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/19
null | 7.04% Cap Rate

294 Covered Bridge Rd
Felton, CA 95018


HIGHLIGHTS

  • Rare 6-plex opportunity with strong income potential
  • Prime location near Covered Bridge Park & downtown Felton
  • Mix of units (studios to 3BR), each with private fenced yard
  • Ideal for investors or owner-occupants—live in one, rent the rest

OVERVIEW

Six individual houses for the price of one in Santa Cruz. Fantastic location adjacent to Covered Bridge Park, within walking distance to downtown Felton. Easy stroll to Felton Music Hall, New Leaf, the equestrian center, and more. Close to Roaring Camp and Henry Cowell Redwoods, and less than a 10-minute drive to downtown Santa Cruz or Scotts Valley. There are three studios, a 1-bedroom, a 2-bedroom, and a 3-bedroom. Each unit has a private fenced yard. The versatility of the units makes this ideal for buyers seeking a solid investment return, living in one while renting the others, or creating a community compound. The property has been well-maintained by the current owner. Contingent upon the successful close of escrow of the seller’s upleg replacement property, which is already in escrow.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$522 USD /SF

# OF UNITS

6

PRICE/UNIT

$258,333

CAP RATE

7.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R-1-15-GH

APN/PARCEL ID

065-092-08

ASK ABOUT THIS PROPERTY

Andy KayRoom Real EstateMore Info
831-239-9002

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

Andy KayRoom Real EstateMore Info
831-239-9002

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