This Multifamily Property is no longer advertised on LoopNet.com.

44614 State Highway 299 E
Mcarthur, CA 96056
Pine Grove Mobile Home Park · Multifamily Property For Sale · 10,000 SF

Investment Highlights

  • Quiet family-friendly mobile home park in the beautiful Fall River Valley situated on 4 acres of pines and open space
  • 12 mobile home spaces in addition to 1 house, 4 cabins and 2 RV spaces / all age community / 100% occupied
  • Served by well and septic systems with sub-metered electric / all septic tanks pumped recently.
  • Endless development opportunities on adjacent 6.4 acre parcel, included in this sale, zoned mixed use (residential, commercial, light industrial)
  • 8 mini-storage buildings available for resident use
  • Proforma Cap Rate 11.55% / Proforma NOI $80,756

Property Facts

No. Units 19
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low-Rise
Building Class C
Lot Size 10.40 AC
Building Size 10,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1960
Parking Ratio 3.8/1,000 SF
Zoning Mixed Use - Both adjacent lots are zoned Mixed Use(Residential, Commercial, Light Industrial). The larger 6.4 acre parcel includes the two RV spaces and well.

Amenities

Site Amenities

  • Laundry Facilities
  • Storage Space

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 018-080-010-000
  • 018-080-011-000
Land Assessment
$186,307
Improvements Assessment
$296,616
Total Assessment
$482,923
  • Listing ID: 23924062

  • Date on Market: 8/17/2021

  • Last Updated:

  • Address: 44614 State Highway 299 E, Mcarthur, CA 96056

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