14533 Rough and Ready Hwy - Specialty FOR SALE


Rough And Ready, CA 95975
$4,495,000 USD
602-821-4666
14533 Rough and Ready Hwy, Rough And Ready, CA for Sale
$4,495,000 USD
Specialty - FOR SALE
1/25
null | Request Cap Rate

14533 Rough and Ready Hwy
Rough And Ready, CA 95975


OVERVIEW

Introducing Rough & Ready Mobile Village, a 59-site mobile home park nestled in the historic town of Rough and Ready, California. This charming park is situated directly across from the new Fire Station, adjacent to the Post Office, and surrounded by Gold Rush Era mining relics, providing a unique and picturesque setting. Despite its serene environment, the park is conveniently close to shopping and restaurants in Grass Valley, and just an hour from Sacramento MSA. The village offers a peaceful rural lifestyle while being conveniently located near larger towns like Grass Valley and Nevada City, which provide additional amenities and services. The community boasts a variety of outdoor activities, including hiking and fishing, making it ideal for nature enthusiasts. As of recent data, the median home price in Nevada County is approximately $620,000 reflecting a need for affordable housing. Rough & Ready Mobile Village features a mix of permanent RVs and mobile units, all set on a scenic hill overlooking the natural forest. The park offers a cooler climate compared to the valley, and its rents, increased as of 2024 are 10% below market rates with no local rent control ordinance. The property operates on a private well and treatment lagoon, both maintained monthly by a licensed contractor. Gas is partially submetered via several propane tanks, while the rest of the park utilizes a minimum 50amp master-metered electric system. Broker underwriting assumes a $50 increase in April 2025. Roads were recently redone and several improvements have been completed since ownership including renovating office and clubhouse. There are no park-owned homes however there are is four apartment units. The front building has been leased to a tourist-drive retail store and Irish restaurant which should be open in next few months. New signage and additional dumpsters were also added to increase curb appeal. Seller has drilled a new second well with a backup generator so utilities systems are state of the art and ready for the new owner.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rough & Ready Village

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.41 AC

LAND SF

366,170 SF

ZONING

R2-MH

APN/PARCEL ID

052-280-002-000

ASK ABOUT THIS PROPERTY

John SheedyPark Brokerage and Commercial Real EstateMore Info
602-821-4666

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John SheedyPark Brokerage and Commercial Real EstateMore Info
602-821-4666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.