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Tierra Buena Mobile Home Park 1539 Villa Ave., Yuba City, CA 95993

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Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 7.8% (Actual)
  • Listing ID: 519038
  • Posted On: Apr 27, 2015
  • Updated On: Aug 1, 2015

Description

Great park for any level of park investor.
16 MHP units and a very nicely renovated 3/2 house. 100% occupied, very quick rental turnover. This park is easy to keep full. Great location in upper end part of town with fantastic schools. Major Shopping Centers in close proximity.

SELLER WILL FINANCE. Call today for details. Sutter County APN 62-372-002

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 100.0 %
Average MH Lot Rent: $410
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $83,700
Operating Expense: $33,087
Net Operating Income: $50,612
Expense Ratio: 39.5 %

Lot Information

Singlewide Lots: 16

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic