For Sale
$3,250,000

10530 Walker Dr Grass Valley, CA 95945

High-yield, 100% occupied mobile home park.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a thriving 2.86-acre mobile home park in Grass Valley, CA, at 10530 Walker Dr, zip code 95945. The property, identified by APN 007-270-031-000, 007-270-032-000, consists of 28 units, including a mix of mobile home spaces and single-family homes ranging from one to three bedrooms and one to two bathrooms. Currently operating at 100% occupancy, this Class A property generates a substantial net operating income (NOI) of $169,373, yielding a compelling 5.21% capitalization rate. The total square footage is 124,581, with a price per square foot of $26.09. The asking price for this turnkey investment is $3,250,000. The property is a 55+ community, benefiting from a strong rental market and convenient access to major transportation routes and amenities, including proximity to Empire Mine State Park. The property is owned by an LLC and is being offered for sale by owner. Seller financing options may be available. This represents a rare opportunity for investors seeking a stable, high-return investment with significant upside potential. The property features eight buildings. The year built is unavailable.

Highlights

  • 21 mobile home spaces.
  • Seven single-family homes, ranging from one to three bedrooms and one to two bathrooms.
  • 100% occupancy.
  • 2.13-acre lot.
  • 55+ community.
  • Strong rental market.

Property Details for 10530 Walker Dr

Property type
Mobile home & RV parks
Square Feet
124,581 SF
Class
A
Buildings
8
Lot Size (sq. ft)
124,582 SF
Units
28

Location Insight

City
Grass Valley
County
Nevada
State
California
Latitude
39.2207839
Longitude
-121.0821803

FAQs

What type of property is this?
Mobile home & RV park - High-yield, 100% occupied mobile home park.
Where is the mobile home & rv park located?
The property is located at 10530 Walker Dr Grass Valley, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 21 mobile home spaces.; Seven single-family homes, ranging from one to three bedrooms and one to two bathrooms.; 100% occupancy.
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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10530 Walker Dr
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