Mobile Home Park Details

  • Cap Rate: 5.9%
  • Listing ID: 1669441
  • Posted On: May 16, 2022
  • Updated On: Jul 12, 2022

Description

4N Mobile Home Park is an all-age community comprised of 32 units located in the city of Oakdale, CA. There are 23 mobile homes, 8 RVs, and 1 recently remodeled apartment on a 3.70- acre parcel. The property is located directly south of Highway CA-120, for a short 4 min (2.1-mi) drive to downtown Oakdale and less than 1.5-hour drive to Yosemite National Park and California's capital, Sacramento. Oakdale has several large employers, including ConAgra Foods, Sconza Candy Company, and Oak Valley Hospital. 4N is an excellent opportunity to acquire a stabilized asset in a high-growth, Central Valley market.

Please Call:
Tim Ryan
Vice President of Investments
Direct: 310.862.6103
Office: 209.845.3861
Email: tryan@cricommercial.com
DRE #02097345 | CRI DRE #01807613

Dylan Brazil
Senior Investment Associate
Direct: 209.840.3460
Office: 209.845.3861
Email: dylanb@cricommercial.com
DRE #02177812 | CRI DRE #01807613

Location

The property is located directly south of Highway CA-120, for a short 4 min (2.1-mi) drive to downtown Oakdale and less than 1.5-hour drive to Yosemite National Park and California's capital, Sacramento.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 32
Total Occupancy: 100.0 %
Average MH Lot Rent: $550
Size: 4 acre(s)

Financial Information

Gross Income: $238,390
Operating Expense: $110,131
Net Operating Income: $128,259
Expense Ratio: 46.2 %

RV Information

Number of RV Lots: 8
Average RV Lot Rent: $548

Utility Information

Water: Well
Sewer: Septic