Current Use by Public Records
- Mobile home & RV parks
Property Details for 0 Brannan Island Rd
- Lot size
- 3.50 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This stabilized Class B RV park in Isleton, CA, presents a compelling investment opportunity. Located on 3.5 acres in Sacramento County's Delta region, the park currently boasts 24 of 27 spaces occupied (23 RVs and 1 double-wide mobile home), generating a current NOI of $75,000 and a pro-forma NOI of $95,000, representing a 7.92% pro-forma cap rate. The asking price is $1,200,000, or $44,444.44 per unit. The property features a laundry room with coin-operated appliances and two bathrooms (currently unused), a two-car garage, a large metal storage container, and two sheds. Infrastructure includes three wells and three septic tanks, with master-metered electricity. The predominantly retiree resident base ensures low turnover and consistent occupancy (currently 85%). Below-market rents present a significant value-add opportunity, given the strong demand for affordable housing in the area. The property is offered for sale by owner. 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
- Isleton
- County
- Sacramento
- State
- California
- Longitude
- -121.63
- Latitude
- 38.1171
