Contact Information
Dat Vu
Mobile Home Park Details
- Price: $1,745,000
- Purchase Method: Cash, New Loan
- Cap Rate: 6.0%
- Listing ID: 6981293
- Posted On: Oct 3, 2025
- Updated On: Oct 3, 2025
Description
V-Mobile Home Park immediate opportunity for appreciation and increase investment returns. Total 24 rental unit mix ( 19 spaces , 4 apartments and one Single Family Home). Public utilities electric, water and sewer. Master metered to bill back tenants. Current offer CAP at 6% with opportunity to increase. This all age park has long term tenants and is highly desirable. No rent control for the City of Stockton. All mobile home and trailer units are tenant owned. Cash cow waiting for new owners to operate.
Location
The property is centrally located in Stockton, California which is the 11th largest city in California with a population of 325,000 residents. Revitalizing and redevelopment opportunities ahead for this City. Property benefits from high rental demand due to the affordable space rents. The properties proximity to major freeways easily connecting commuters to Sacramento and San Francisco.
Amenities
- Laundromat
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 24 |
| Total Occupancy: | 100.0 % |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $193,600 |
| Operating Expense: | $90,000 |
| Net Operating Income: | $103,600 |
| Expense Ratio: | 46.5 % |
Utility Information
| Water: | City |
| Sewer: | City |