Sunrise Mobile Home Park Offers the Investor over $121,000 in gross annual income, an attractive 7.70% CAP Rate of Return on their Investment with very low Maintenance & Low Annual Expenses. This Manageable Family Oriented Mobile Home Park is HCD Permitted for 16 Mobile Home Pads, all Tenant Owned Homes, on approximately 3.88 acres. There is a Septic System and Shasta County regulated Water Well. All PG&E Electrical and Gas Lines have been Updated with each Home Separately Metered. The Circular Drive is Graveled. Potential for upside: upgrading current (non-functional) laundry room, and commercial expansion on backside of property to be verified with the County. Seller may consider short term Seller Financing with Large Down Payment.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
