Contact Information
Joe Smithonic
License: 01980469
Mobile Home Park Details
- Price: $1,395,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.2% (Pro Forma)
- Listing ID: 7011165
- Posted On: Feb 18, 2026
- Updated On: Jun 30, 2026
Description
Crystal Mobile Home Community is an all-ages manufactured housing community in the heart of Grass Valley. The community consists of 14 mobilehome spaces, which are 100% resident-owned and occupied on 1.45 acres. The property operates on public water and sewer. Gas, electric, and disposal services are directly billed by local service providers. In addition, the City of Grass Valley does not have a local rent control ordinance for mobilehome communities.
Location
Crystal Mobile Home Community is located at 617 Walsh Street in the City of Grass Valley, California. This charming community is nestled between the downtown area and Condon Park, a local amenity with a dog park, skatepark, disc golf course, sports facilities, and more. The community has great access to State Routes 20 and 49 for travelers that frequent Lake Tahoe and Sacramento, respectively.
Amenities
- Laundromat
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $783 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $151,273 |
| Operating Expense: | $37,648 |
| Net Operating Income: | $113,625 |
| Expense Ratio: | 24.9 % |
Lot Information
| Singlewide Lots: | 14 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
