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Property profile & analytics
FOR SALE
Mobile home & RV parks

10530 Walker Dr Grass Valley, CA 95945

2,495 SF 2.13 ac lot
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US09-0358177
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Total area 2,495 SF
Lot 2.13 ac (92,782 SF)
Zoning code R1-1.5
APN 007-270-031-000
UPID US09-0358177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Pines Senior MHP Campground & RV Park
  • Fantasy Foto Photography Service (Bike/Boat/Book/etc) Store
  • Pines Mobile Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pines Mobile Home Park LLC · 20 yrs held
Pines Mobile Home Park LLC
since 2006
7 recorded transactions
2006
$1.1M
2006
Price N/A
2000
$590,000
1989
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R1-1.5 · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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