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Two Creeks Mobile Home Park 61 Browns Ranch Rd 25 Unit Mobile Home Park $1,175,000 ($47,000/Unit) 6.95% Cap Rate Weaverville, CA 96093
Investment Highlights
- Non-Rent Controlled Market
- Upside in Rents and Trash Pass Through
- 55+ Community
- Direct Billed Gas & Electric
- City Water & Sewer
- 1 Park Owned Unit
Executive Summary
Two Creeks MHP is a senior park located at 61 Browns Ranch Road in Weaverville, California. It is a 25-space park that is licensed for 25 mobile homes. The park is on city water and sewer. Gas and electric are direct billed to the residents. Trash and sewer are flat rate pass throughs. Rents average $445 and water is included in the rent. The park is located on one parcel totaling 3.81 acres. There is an on-site laundry room at the park. There is no rent or vacancy control in the town of Weaverville. Annual rent increases take effect every May. The next rental increase takes effect May 2026 for $25. Weaverville is the county seat of Trinity County. The town was founded in 1850 being a historic California Gold Rush town. Weaverville has a total of 10.4 sq miles of land. The town has a Mediterranean climate, though owing to its inland valley location Weaverville is wetter and observes much larger diurnal temperature variations. Weaverville's has a population of 3,667.
Property Facts
| Price | $1,175,000 | Building Class | C |
| Price Per Unit | $47,000 | Lot Size | 3.81 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| Cap Rate | 6.95% | Average Occupancy | 92% |
| No. Units | 25 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | MFH | ||
| Price | $1,175,000 |
| Price Per Unit | $47,000 |
| Sale Type | Investment |
| Cap Rate | 6.95% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.81 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | MFH |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 024-390-030-000 | Improvements Assessment | $504,073 |
| Land Assessment | $636,724 | Total Assessment | $1,140,797 |
Property Taxes
Parcel Number
024-390-030-000
Land Assessment
$636,724
Improvements Assessment
$504,073
Total Assessment
$1,140,797
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Two Creeks Mobile Home Park | 61 Browns Ranch Rd
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