Introducing THE PINES SENIOR MOBILE HOME PARK located at 10530 Walker Dr, Grass Valley, CA, a lucrative investment opportunity in the heart of Grass Valley. This 2.13-acre property is a 55+ community comprising 28 fully occupied spaces, offering stable income potential in a prime rental market. With excellent proximity to the Empire Mine State Park and convenient access to major freeways and transit routes, this park presents an attractive investment offering. Boasting effective management and various utilities covered by tenants,
THE PINES SENIOR MOBILE HOME PARK provides a reliable income stream with 21 mobile home spaces and 7 single family homes, all currently occupied. For investors looking for a turnkey opportunity with strong returns and rental upside, this property's 5.21% capitalization rate, seller financing options, and 12.18 gross rent multiplier make it a compelling choice. Don't miss the chance to own a thriving mobile home park in a sought-after location!