702-686-1952
750 Rohnert Park Expy W, Rohnert Park, CA for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/23
null | Request Cap Rate

750 Rohnert Park Expy W
Rohnert Park, CA 94928


HIGHLIGHTS

  • Best-in-class scale and amenities for the sub-market
  • On a land lease with an option to purchase the land
  • Rancho Verde MHC is a subdivided community allowing rent control exemption for tenants that do not quality as low income households
  • Ground lease purchase option amount is for $65,000 through 2057
  • Seller is willing to seller finance

OVERVIEW

MHP Brokerage is pleased to be retained as the exclusive listing agent for Rancho Verde Mobile Home Community, a 5-star, 300-space property located in the highly desirable city of Rohnert Park, California. This offering represents a once-in-a-lifetime acquisition opportunity in one of California’s most sought-after markets. Rancho Verde MHC is a stabilized, institutional-quality community that provides investors with strong in-place cash flow, consistent occupancy, and exceptional long-term appreciation potential. Positioned in the heart of Sonoma County’s dynamic housing market just north of San Francisco, Rancho Verde combines operational stability with rare long-term upside, making it a premier investment for both private and institutional buyers seeking durable, inflation-resistant returns. The unique opportunity that is included in purchasing Rancho Verde MHC is that each lot is subdivided within the community. The lots can be sold to tenants or to investors at a fixed price determined by the future owner. This community was grandfathered into this program before the enactment of CA Government Code 66427.5, which enables many more restrictions around subdivided communities. This community is on a land lease. The option to purchase the land is available through February of 2057. The amount to purchase the land is $65,000, which is a huge upside opportunity for the buyer, given the property tax reassessment upon purchase of the property. The owner of the community will give the purchaser of this community a credit at closing for the purchase price of the land. Additionally, the owner has maintained this community thoroughly, and there will be no deferred maintenance upon the sale. This community truly shows and represents the definition of pride of ownership.

FOR SALE DETAILS

PRICE

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# OF UNITS

300

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rancho Verde MHC

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

200

LAND DETAILS

LAND ACRES

41.4 AC

LAND SF

1,803,384 SF

ZONING

CityRP

APN/PARCEL ID

143-040-049

ASK ABOUT THIS PROPERTY

Sammy DeebMHP BrokerageMore Info
702-686-1952

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Sammy DeebMHP BrokerageMore Info
702-686-1952

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