Current Use by Public Records
- Mobile home & RV parks
Property Details for 2510 Us-199
- Lot size
- 13.00 lot acres
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity presents the Madrone Mobile Home Park, a well-established 73-unit mobile home park situated on a spacious 13-acre lot in Crescent City, California. Located at 2510 US-199, zip code 95531, this property boasts a desirable 5.20% capitalization rate and is offered at an asking price of $4,450,000. The park's prime location in Del Norte County provides convenient access to local amenities and attractions. The substantial lot size offers potential for future expansion or development, adding significant value to this already profitable asset. With 73 existing units, the park generates a consistent income stream, making it an attractive investment for experienced real estate investors seeking a strong return on investment in a stable market. Detailed financial information and operational data are available upon request. This is a turnkey operation ready for a new owner to step in and continue the success of this established mobile home park. The property is located in Crescent City, CA, offering a unique opportunity in a desirable location. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crescent City
- County
- Del Norte
- State
- California
- Longitude
- -124.064
- Latitude
- 41.7917
