Description
The 16 acre artemis meadow mobile home park is a great value with lots of upside potential! park features 5 mobile home sites. each site rents for $400 per month. 4 sites are currently rented with tenant owned homes. unit 5 features a double wide park owned home. other buildings include a site build home(unit#1), a 2 car garage and a cafeteria/commercial kitchen space(unit#7) that is currently being used as storage. property comes with a double wide trailer (still on wheels) that was once a classroom. this home is 2x4-2x6 construction and is built strong, needs to be converted to a home and installed. buyer to verify. each home has its own electric meter and septic system. the park is supported by a strong well with regular potability testing. units 5b and 7 need renovation. this is truly a diamond in the ruff. currently at 7.3 % cap rate. well above the average, with the potential to easily double your yearly income. seller willing to carry with $250k down, for 3 years, at 7%. on 16 acres, you have plenty of space to build your dream home separate from the park and with privacy. live and work in beautiful dobbins california. dobbins is a tight niche community with local shops, dining, farmers market and lakes for recreation.
Property Type
ResidentialCounty
YubaStyle
ResidentialAD ID
46054343
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BuyOwner last updated this listing 10/24/2024 @ 23:20
- MLS: 223118068
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with 4 bedrooms which is for sale, it has 2,068 sqft, 2,068 sized lot, and 0 parking. are nearby neighborhoods.