5865 Old Highway 53 - Manufactured Housing/Mobile Housing FOR SALE


Clearlake, CA 95422
$1,550,000 USD
650-282-0477
5865 Old Highway 53, Clearlake, CA for Sale
$1,550,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/6
null | Request Cap Rate

5865 Old Highway 53
Clearlake, CA 95422


HIGHLIGHTS

  • Ability to increase revenues through operational improvements
  • Growing demand for affordable housing supports long-term occupancy
  • Opportunity to improve tenant experience and property appearance
  • Potential to increase NOI through strategic management initiatives

OVERVIEW

Located in the scenic community of Clearlake, this mobile home park presents a compelling investment opportunity with substantial value-add potential and long-term upside. The property offers investors the ability to capitalize on the continued demand for affordable housing while implementing improvements that can drive increased revenue and overall asset performance.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

60

PRICE/UNIT

$25,833

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trombettas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

MUR

APN/PARCEL ID

040-320-040-000

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.