For Sale
$390,000

13029 Yuba-Nevada Rd Dobbins, CA 95962

16 Acres, 6 Units, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity awaits at Artemis Meadows Mobile Home Park, situated on 16 acres in Dobbins, California. This Class A multifamily property boasts six units, five of which are mobile home sites currently generating income at $400 per month each, with four currently leased. One site features a park-owned double-wide home ready for immediate occupancy. Additional structures enhance the property's value, including a cabin (Unit #1), a two-car garage (Unit 5b), and a separate storage unit with its own PGE meter and septic system (Unit #7). A double-wide trailer, formerly a classroom, presents a unique conversion opportunity. Each residence benefits from individual electric meters and septic systems, totaling seven in all. The property is serviced by a reliable well with consistent water quality testing. Seller financing is available with a $250,000 down payment. Located at 13029 Yuba-Nevada Rd, 95962, this property offers a compelling return, with a potential 10% capitalization rate. Dobbins provides a convenient location with access to local amenities including shops, restaurants, a farmers market, and nearby recreational lakes. This is a prime opportunity to acquire a well-maintained mobile home park in a desirable California community. The asking price is $390,000.

Highlights

  • $390,000 asking price.
  • Class A, 6-unit multifamily mobile home park.
  • 10% cap rate.
  • Located at 13029 Yuba-Nevada Rd, Dobbins, CA 95962.
  • Situated on 16 acres.
  • Seller financing available with $250,000 down payment.

Property Details for 13029 Yuba-Nevada Rd

Property type
Mobile home & RV parks
Class
A
Units
6

Location Insight

City
Dobbins
County
Yuba
State
California
Latitude
39.3473225
Longitude
-121.2256348

FAQs

What type of property is this?
Mobile home & RV park - 16 Acres, 6 Units, High Potential
Where is the mobile home & rv park located?
The property is located at 13029 Yuba-Nevada Rd Dobbins, CA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: $390,000 asking price.; Class A, 6-unit multifamily mobile home park.; 10% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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13029 Yuba-Nevada Rd
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