1377 Arlington Rd Crescent Mills, CA 95934
This exceptional 40-unit mobile home park presents a compelling investment opportunity in Crescent Mills, California. Situated on approximately 5 acres (two parcels totaling 5.08 acres), this all-ages park boasts a strong net operating income (NOI) of $106,765, yielding an attractive 8.06% cap rate. The asking price is $1,325,000. The park features a convenient on-site laundry room and is serviced by a septic system and well water. All spaces are capable of accommodating double-wide units. The property benefits from its attractive natural setting and caters to a diverse resident base, including retirees, lodgers, and county employees, providing affordable housing in Plumas County. Importantly, there is no local rent control, offering significant potential for future income growth. Recent improvements have enhanced the park's appeal and occupancy. The property is located at 1377 Arlington Rd, Taylorsville, CA 95983. This is an ideal acquisition for investors seeking a stable, cash-flowing asset in a desirable location with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
S-1 · Crescent Mills, CACrescent Mills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.