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    596 Us-395 Gardnerville, NV 89410

    Sponsored
    For Sale
    $5,250,000

    50-unit mobile home park, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Exceptional investment opportunity in Gardnerville, Nevada, presents this 50-unit mobile home park situated on approximately 16.35 acres. The property, with APN 1220-25-101-001, is zoned for 10 or more manufactured homes and boasts a 100% occupancy rate. This age-restricted (55+) community comprises 23 singlewide, 23 doublewide mobile homes, and 4 RV spaces. The park features a community well for water and a septic system for sewer. Utilities (electricity and natural gas) are provided by NV Energy and billed directly to tenants. Eight homes are park-owned. Built in approximately 1965, this property offers significant upside potential due to below-market rents. Each space represents a $105,000 investment, totaling an asking price of $5,250,000. The property's address is 596 US-395, Gardnerville, NV 89410. This is a rare opportunity to acquire a well-established, high-occupancy mobile home park in a desirable location.

    Property Features for 596 Us-395

    General Information

    Property type
    Multifamily properties
    Lot Size
    712,206 SF

    Building Details

    Units
    50

    HighLights

    • Asking Price: $5,250,000
    • Property Type: 50‑unit mobile home park in Gardnerville, NV
    • Lot Size: 16.35 acres
    • Zoning: Permitted for 10 or more manufactured homes (10+ Mfg H)
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.5743485
    Latitude
    38.7577157

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    FAQs

    What type of property is this?
    Multifamily property - 50-unit mobile home park, prime location.
    Where is this multifamily property located?
    The property is located at 596 Us-395 Gardnerville, NV.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: Asking Price: $5,250,000; Property Type: 50-unit mobile home park in Gardnerville, NV; Lot Size: 16.35 acres
    Request Owner's contact information
    596 Us-395 Gardnerville, NV 89410
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    Gardnerville, NV 89410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    596 Us-395 Gardnerville, NV 89410
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