10530 Walker, Grass Valley, CA 95945
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10530 Walker, Grass Valley, CA 95945
10530 Walker, Grass Valley, CA 95945
10530 Walker, Grass Valley, CA 95945
10530 Walker, Grass Valley, CA 95945
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Bryan Powell

Bryan Powell

+1(916) 521-4687
$ 2,750,000
Est. payment /mo
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10530 Walker Grass Valley, CA 95945

2.86 Acres Lot

UPDATED:

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 2.860 Acres

Acres 2.86

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 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, 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: $198,113 Cap Rate: 7.2%, 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 83% 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

MetroList® Services, Inc
Listed by Two Feathers Realty

NEARBY SCHOOLS & PROPERTIES

Bryan Powell

Bryan Powell

Broker | CA DRE#02003689

+1(916) 521-4687

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10530 Walker

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