7252 White House Dr - Manufactured Housing/Mobile Housing FOR SALE


Anderson, CA 96007
$4,300,000 USD
503-502-1752
7252 White House Dr, Anderson, CA for Sale
$4,300,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/5
null | 7.03% Cap Rate

7252 White House Dr
Anderson, CA 96007


HIGHLIGHTS

  • Built in 1940
  • 73-site MH & RV Park
  • 90% occupied
  • Current rent average of $530 per site, with potential to reach $625 per site
  • No local rent control ordinances
  • Utilities include well water and septic system; 30 & 50 amp electrical service

OVERVIEW

Cottonwood Ridge presents an opportunity to own a high-occupancy park in California that does not have local rent ordinance restrictions with the ability to raise rents to increase cash flow.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$5,309 USD /SF

# OF UNITS

73

PRICE/UNIT

$58,904

CAP RATE

7.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

100

LAND DETAILS

LAND ACRES

10.75 AC

LAND SF

468,270 SF

ZONING

M-L

APN/PARCEL ID

051-070-011-000

ASK ABOUT THIS PROPERTY

Rand HoffmanKidder MathewsMore Info
503-502-1752

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Rand HoffmanKidder MathewsMore Info
503-502-1752

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