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4222 Lelia Dr
Rio Vista, CA 94571
Edgewater Mobile Home Park · Multifamily Property For Sale
·
50,000 SF
Investment Highlights
- Central Location – Located between San Francisco and Sacramento, only an approx. one hour drive to two of California’s prominent metro areas
- Rent Guarantee – The seller has offered to provide a rent guarantee on the three vacant park owned homes at $760 per month for up to 6 mos after close
- Stable Investment – 89.7% occupied with rents in line with market, all systems in good working condition, and an on-site resident manager
- Expansion Potential – Permitted to have 6 RV lots added and has 1.72 acres of excess land directly adjacent to the existing spaces
- Tenant Owned Homes – All occupied homes are tenant owned. There are three vacant POHs included with the sale; two of which are partially renovated
Property Facts
| No. Units | 29 | Building Size | 50,000 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1960 |
| Lot Size | 5.44 AC | ||
| Zoning | CR, SFR, AG - Commercial Recreational, Low Density SFR, Agricultural | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 5.44 AC |
| Building Size | 50,000 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | CR, SFR, AG - Commercial Recreational, Low Density SFR, Agricultural |
Amenities
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Waterfront
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | - | - |
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