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10530 Walker Dr, Grass Valley, CA 95945
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$2,750,000
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Home Details for 10530 Walker Dr
Price
$2,750,000
Type
Multi Family
Lot Size
2.13
County
Nevada
MLS®️ Listing#
225125423
On exitrealty.com
114 days
Property Description
Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.13 acres, offers a rare opportunity to acquire a fully occupied, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 90% Occupancy with reliable income stream. City Utilities, water, sewer, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $169,373, Cap Rate: 6.2%, GRM: 11.09. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 90% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.
- Utilities
- Natural Gas Available
- Sewer Connected
- Natural Gas Connected
- Parking
- Open
- Garage
- Varies by Unit
- Cooling Information
- Varies by Unit
- Heating Information
- Varies by Unit
Listing Courtesy: Two Feathers Realty - 530-913-7697. Presented by: Beth A. Wilson
CA DRE# 01520140. Kris Klair Broker
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$2,750,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)