1750 Lee Rd Quincy, CA 95971
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 1750 Lee Rd
- Property type
- Mobile home & RV parks
Description
Shady Pines Mobile Home Park presents a compelling investment opportunity in Quincy, California. This established 61-unit mobile home park boasts a strong 6.80% capitalization rate, generating a substantial Net Operating Income (NOI) of $308,124. The property is conveniently located at 1750 Lee Rd, Quincy, CA 95971 (39.9363458, -120.9079053) within Plumas County. The park is well-maintained and enjoys a reputation as a four-star family community. Residents benefit from the convenience of city water and sewer services, along with direct gas and electric connections. The asking price for this turnkey investment is $4,500,000. This represents a significant opportunity for investors seeking a stable, high-yielding asset in a desirable location. The park's strong occupancy and established infrastructure contribute to its consistent profitability and potential for future growth. The property's location in Quincy, California offers a blend of rural charm and accessibility, making it an attractive destination for residents. This is a rare opportunity to acquire a well-established mobile home park with a proven track record of success. The financial performance data clearly demonstrates the potential for strong returns on investment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Plumas
- State
- California
- Longitude
- -120.908
- Latitude
- 39.9363