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333 Crescent St 31 Unit Mobile Home Park $1,299,000 ($41,903/Unit) 7.48% Cap Rate Quincy, CA 95971

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INVESTMENT HIGHLIGHTS

  • Tremendous upside

EXECUTIVE SUMMARY

Fantastic investment opportunity! The Claremont Trailer Village is located in the beautiful mountain town of Quincy California. Comprised of 26 permanent manufactured home spaces as well as 4 RV spaces and an additional studio apartment unit. This park has been a part of the Quincy community for years and fills a very important role in the need for affordable housing in the area. The desirable location puts it within close proximity to the Quincy Airport, Feather River College and Plumas District Hospital as well the local Elementary, Middle and High School. The property is connected to city water and sewer, making maintenance costs very affordable and the onsite laundry facilities help keep the homeowners content, while adding to the overall bottom line… In addition to all of the benefits offered by the park itself, owner financing is available at very reasonable terms, helping to ensure tremendous positive cash flow from day one.

PROPERTY FACTS

Price $1,299,000
Price Per Unit $41,903
Sale Type Investment
Cap Rate 7.48%
Gross Rent Multiplier 9
No. Units 31
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 4.80 AC
Building Size 1,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1970
Zoning M-R

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 31 - -
  • Listing ID: 35938703

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 333 Crescent St, Quincy, CA 95971

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