10530 Walker new Save Request In-Person Tour Request Virtual Tour
Grass Valley,CA 95945
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225125423
HOA Y/N No
Lot Size 2.130 Acres
Acres 2.13
Property Sub-Type 5 or More Units
Source MLS Metrolist
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; 100% 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: 10.30. 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 100% 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.
Location
State CA
County Nevada
Area 13105
Direction Rough and Ready Hwy, Squirrel Creek to Walker, PIQ
Interior
Heating Varies by Unit
Cooling Varies by Unit
Flooring Varies by Unit
Equipment Varies by Unit
Laundry Coin Operated,In Common Area
Exterior
Parking Features Open,Garage,Uncovered,Varies by Unit
Utilities Available Sewer Connected,Electric,Natural Gas Connected
Water Access Desc Meter on Site
Topography Level
Total Parking Spaces 30
Building
Lot Description Private
Foundation Other
Sewer See Remarks
Water Meter on Site
Schools
Elementary Schools Grass Valley
Middle Schools Grass Valley
High Schools Nevada Joint Union
School District Nevada
Others
Senior Community No
Tax ID 007-270-031-000
Special Listing Condition None