For Sale
$4,450,000

2510 Us-199Crescent City, CA 95531

73 Units, 13 Acres, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents the Madrone Mobile Home Park, a well-established 73-unit mobile home park situated on a spacious 13-acre lot in Crescent City, California. Located at 2510 US-199, zip code 95531, this property boasts a desirable 5.20% capitalization rate and is offered at an asking price of $4,450,000. The park's prime location in Del Norte County provides convenient access to local amenities and attractions. The substantial lot size offers potential for future expansion or development, adding significant value to this already profitable asset. With 73 existing units, the park generates a consistent income stream, making it an attractive investment for experienced real estate investors seeking a strong return on investment in a stable market. Detailed financial information and operational data are available upon request. This is a turnkey operation ready for a new owner to step in and continue the success of this established mobile home park. The property is located in Crescent City, CA, offering a unique opportunity in a desirable location. Serious inquiries only.

Highlights

  • High-demand location with strong tenant base.
  • Excellent visibility and accessibility from major thoroughfares.
  • Modern building systems and efficient floor plans.
  • Significant upside potential for rental income growth.
  • Below-market lease rates provide immediate value add.

Property Details for 2510 Us-199

Property type
Mobile home & RV parks
Lot Size (sq. ft)
566,280 SF
Units
73

Location Insight

City
Crescent City
County
Del Norte
State
California
Latitude
41.7916572
Longitude
-124.0636488
2510 Us-199, Crescent City, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2510 Us-199
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message