10530 Walker Dr Grass Valley, CA 95945-6048
- Mobile home & RV parks
- 2,495 SF
- 2.13 lot acres
Current Use by Public Records
- The Pines Senior MHP / Mobile Home Park
- Fantasy Foto / Photography Service
- Pines Mobile Park / Mobile Home Park / Real Estate
Property Details for 10530 Walker Dr
- Lot size
- 2.13 lot acres
- Property size
- 2,495 SF
- Zone code
- R1-1.5
- Property type
- Mobile home & RV parks
- APN
- 007-270-031-000
- APU
- 7270031000
Description
This exceptional investment opportunity presents a thriving 2.86-acre mobile home park in Grass Valley, CA, at 10530 Walker Dr, zip code 95945. The property, identified by APN 007-270-031-000, 007-270-032-000, consists of 28 units, including a mix of mobile home spaces and single-family homes ranging from one to three bedrooms and one to two bathrooms. Currently operating at 100% occupancy, this Class A property generates a substantial net operating income (NOI) of $169,373, yielding a compelling 5.21% capitalization rate. The total square footage is 124,581, with a price per square foot of $26.09. The asking price for this turnkey investment is $3,250,000. The property is a 55+ community, benefiting from a strong rental market and convenient access to major transportation routes and amenities, including proximity to Empire Mine State Park. The property is owned by an LLC and is being offered for sale by owner. Seller financing options may be available. This represents a rare opportunity for investors seeking a stable, high-return investment with significant upside potential. The property features eight buildings. The year built is unavailable.
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
- Grass Valley
- County
- Nevada
- State
- California
- Longitude
- -121.082
- Latitude
- 39.2211
- CBSA code
- 46020
- CBSA name
- TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA