5755 Old Highway 53 - Manufactured Housing/Mobile Housing FOR SALE


Clearlake, CA 95422
$1,850,000 USD
650-282-0477
5755 Old Highway 53, Clearlake, CA for Sale
$1,850,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 1.81% Cap Rate

5755 Old Highway 53
Clearlake, CA 95422


HIGHLIGHTS

  • Prime value-add mobile home park investment in Clearlake
  • Significant upside through rent growth and operational efficiencies
  • Strong demand driver for affordable housing in the local market
  • Opportunity to improve occupancy and increase NOI over time
  • Large potential for enhanced cash flow through strategic management

OVERVIEW

Exceptional value-add opportunity in the heart of Clearlake. This mobile home park offers investors the rare chance to acquire a well-located asset with significant upside potential through strategic management, operational improvements, and future site optimization. Positioned in a growing rental market with strong demand for affordable housing, the property features a desirable layout, convenient access to local amenities, and long-term income growth potential.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

22

PRICE/UNIT

$84,091

CAP RATE

1.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twin Oaks Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.58 AC

LAND SF

112,385 SF

ZONING

MUR

APN/PARCEL ID

040-310-070-000

ASK ABOUT THIS PROPERTY

Amit UrbanBellStreetMore Info
650-282-0477

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Amit UrbanBellStreetMore Info
650-282-0477

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