13029 Yuba-Nevada RdDobbins, CA 95962

Property Details for 13029 Yuba-Nevada Rd

Property type

Mobile home & RV parks

Description

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.

Location Insight

City

Dobbins

County

Yuba

State

California

Latitude

39.3473

Longitude

-121.226

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