10530 Walker Dr, Grass Valley, CA 95945
Well-maintained 28-space senior community with city utility pass-through and direct-billed PG&E.
- Added:
- Sep 30, 2025
- Days on Market:
- 271
- Last Refresh:
- Jun 27 at 3:48 am
Property Features for 10530 Walker Dr
General Information
- Standard status
- Active
- Lot size
- 2.86 Acres
- Property subtype
- Multi Family
Listing office Two Feathers Realty (530) 268-5076
Listing date Sep 30, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Two Feathers Realty
HighLights
- 28 total spaces on 2.86 acres: 21 mobile home spaces plus 7 homes in a 55+ senior community
- 83% occupancy and income‑producing mobile home park with a stable tenant base
- City utilities—water and trash—are pass‑through to tenants; P.G.&E. natural gas and electric are directly billed
- Financials provided: NOI $198,113, 7.2% cap rate, and 10.30 GRM
- R1‑1.5 zoning; located about 5 minutes to historic downtown Grass Valley
- Seller financing available (CNDA required)
Overview
Located in Grass Valley, CA, the park is described as being about 5 minutes from historic downtown Grass Valley. The offering also notes proximity to major freeways and Nevada County transit routes, along with nearby schools. The property is zoned R1-1.5.
For investors seeking a senior-only, stabilized multifamily income asset, this park offers a turnkey acquisition structure with seller financing available. Financial highlights included with the offering are NOI of $198,113, a 7.2% cap rate, and a GRM of 10.30. The current occupancy level and utility billing setup are key operational considerations for underwriting and tenant expense management.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grass Valley
- County
- Nevada
- State
- California
- Longitude
- -121.082009
- Latitude
- 39.2208486
