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18123 Joy Cir 10 Unit Mobile Home Park $360,000 ($36,000/Unit) Challenge, CA 95925
Investment Highlights
- Income-Producing Investment – Cedar Brook Mobile Home Park on 5.77 acres, fully occupied with 10 rented spaces leased to long-term, reliable tenants.
- Well-Maintained & Secure – Features include year-round creek, security cameras, storage barn/outbuilding with laundry facilities, and more
- Additional Benefits – Some seller financing available, making this a low-barrier investment opportunity.
- Strong Cash Flow – Revenue from monthly space rents plus washer/dryer usage; low-vacancy senior park with consistent income.
- Zoning Flexibility – Allows additional agricultural and residential uses, offering future development potential.
Executive Summary
Park yourself in the pines! An exciting income producing opportunity awaits at Cedar Brook Mobile Home Park, tucked back from view off a paved road on 5.77 acres. All 10 spaces are rented to long term, responsible tenants on leases. The attractive, well maintained senior park with a year round creek features privately owned mobiles and RVs, security cameras, and a storage barn/outbuilding with laundry facilities and an ample loft studio apartment. Two septic systems accommodate all units and there's high speed Internet via Starlink. Water is through the North Yuba Water District. The park provides water, septic and trash removal. Annual revenue is from monthly space rents and washer/dryer usage. Zoning allows various agricultural and residential possibilities in addition to the present configuration. Some seller financing is available. Located in a serene foothills community in a peaceful, secluded setting, this adaptable property is convenient to shopping, services and schools with several lakes and recreation areas in the vicinity. Take advantage of an affordable, ready to go investment with everything in place to enjoy and earn money right away on or off site!
Property Facts
| Price | $360,000 | Building Class | C |
| Price Per Unit | $36,000 | Lot Size | 5.77 AC |
| Sale Type | Investment | Building Size | 3,021 SF |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 2 |
| No. Units | 10 | Year Built | 1944 |
| Property Type | Multifamily | Parking Ratio | 3.64/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | ARR - ARR - Agricultural/Rural/Residential - Allows numerous agricultural, residential and business/commercial uses including current usage as mobile home p | ||
| Price | $360,000 |
| Price Per Unit | $36,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 5.77 AC |
| Building Size | 3,021 SF |
| No. Stories | 2 |
| Year Built | 1944 |
| Parking Ratio | 3.64/1,000 SF |
| Zoning | ARR - ARR - Agricultural/Rural/Residential - Allows numerous agricultural, residential and business/commercial uses including current usage as mobile home p |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 050-400-012-000 | Improvements Assessment | $51,240 |
| Land Assessment | $172,952 | Total Assessment | $224,192 |
Property Taxes
Parcel Number
050-400-012-000
Land Assessment
$172,952
Improvements Assessment
$51,240
Total Assessment
$224,192
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18123 Joy Cir