Gardenland Trailer Court presents a unique value-add opportunity in Sacramento, just 10 minutes from downtown. The property features a 13-unit mix of 7 RV spaces, a fourplex of studio units, and 2 single-family homes.
The asset is fully permitted and licensed as a mobile home park with long-term, tenant-owned RVs, providing stable occupancy and low operating expenses. The property is serviced by city water and sewer, offering the ability to implement a RUBS program to increase income.
Additional upside exists through below-market rents and operational improvements. The property has undergone recent capital improvements in 2019, including new roofs, paving, and interior renovations on four units. Ideally located with easy access to I-5, major retail corridors, and approximately 8 miles from Sacramento International Airport.