14192 Tuolumne Rd Sonora, CA 95370

This exceptional 92-unit mobile home park and RV park, situated on 9.65 acres in Sonora, California (APN 097-280-060-000), presents a compelling investment opportunity. The property boasts a strong 90% occupancy rate (as of July 26, 2024) and generates a substantial Net Operating Income (NOI) of $381,941, translating to a 5.88% cap rate. Priced at $6,500,000 ($14.57/sq ft, $70,652.17/pad), this Class B asset offers significant value-add potential. The park features 92 pads, a clubhouse, and includes an additional 2.05 acres of vacant commercial land. Utilities are managed efficiently with a flat-rate pass-through for water, sewer, and trash, and sub-metered electricity. Water is primarily from a well, supplemented by city water at the street, with city sewer service (some septic responsibilities exist). The property benefits from an assumable interest-only loan at 3.86% until 2028, with adjustments and a due date of 2031. This well-maintained and operated senior community is ideally located near Yosemite National Park, offering a unique combination of strong financial performance and desirable location. The total square footage of the property is 446,054. This is a fee simple ownership.