This Multifamily Property is Off-Market.

12594 Kennedy Flat Road
Martell, CA 95654 ·

26 Spaces · Multifamily For Sale

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Gold Oaks

Price N/A Gross Rent Multiplier 5
No. Spaces 26 Occupancy 60%
Property Type Multifamily No. Stories 1
Property Sub-type Mobile Home/RV Community Year Built 1970
Property Use Type Investment Lot Size 2 AC
Commission Split 2% APN / Parcel ID tbd
Cap Rate 6.30% Parking Ratio 2 / 1,000 SF
Listing ID: 17275292 Date Created: 08/03/2011 Last Updated: 01/17/2012

Description

: Gold Oaks is a 26 space family park located in picturesque Martell, just outside of Jackson, California. The park is on city sewer and water and direct-billed for gas and electricity. The sales price will include 8 park-owned homes; the seller may not have titles to all the homes. Gold Oaks is a very clean 2.5 star park and utilizes the manager' s mobile as an office. The park has a great location within the town. No pool or clubhouse or any other amenities so the insurance cost is very low. Gold Oaks currently has 6 vacant park-owned homes, 2 of which are being prepared for rental and/or sale. There are 2 vacant lots. The seller has been absent for about a year and the park offers immediate upside by renting or selling mobile homes. Priced at $26,538 per space, Gold Oaks is being offered at a great price.

near Jackson, Ca

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12594 Kennedy Flat Road, Martell, CA 95654 (Amador County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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