REQUEST A TOUR

Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$3,600,000

Est. payment - /mo

3.73 Acres Lot

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226036516

HOA Y/N No

Year Built 1961

Lot Size 3.730 Acres

Acres 3.73

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

Turnkey investment opportunity in Auburn with strong in-place income and clear upside. Fully occupied 44-unit mobile home park with a waiting list, low vacancy risk and consistent demand. Unit mix includes 23 spaces, 10 park-owned mobile homes, 9 park-owned cabins, and 1 duplex, providing multiple income streams. Stable tenant base with long-term occupancy (many 15+ years) supports predictable cash flow. Recent upgrades to water and septic systems reduce future capital expenses. All utilities are sub-metered, helping control operating costs. Current cap rate is 7.91%. Pro forma cap rate exceeds 13% by aligning rents with market levels. Additional $600K+ value-add potential through repositioning and optimizing park-owned units. Clean, stable asset with strong yield and upside, built for long-term hold or strategic value-add execution.

Location

State CA

County Placer

Area 12301

Direction From I80, take Bell Rd exit and turn right onto Musso Rd.

Location Details Other

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Parking Features Other

Utilities Available Other

Water Access Desc Well

Roof Type Other

Building

Sewer Septic System

Water Well

Others

Senior Community No

Tax ID 053-050-025-000

Special Listing Condition None

Read Less Info

Listed by eXp Realty of California Inc.

Nearby School & Business

Homes Availalbe by Area

Get More Information

Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage CA DRE#02212763

14135 Musso RD Auburn, CA 95603

Realty Point, Inc.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information