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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

7025 Eastside Rd Anderson, CA 96007-8911

672 SF 3.7 ac lot Built 1981
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US10-3048285
Property summary
AI-generated overview

This established 16-pad mobile home park in Anderson, CA, presents a compelling investment opportunity with a current 9.24% cap rate and a pro-forma cap rate of 10.18%. The property boasts 100% occupancy, generating a current NOI of $106,273 and a pro-forma NOI of $117,066. Situated on a 3.88-acre lot (161,174 sq ft), the park features a well-maintained infrastructure including a septic system, a Shasta County regulated water well, and updated PG&E electrical and gas lines with individual metering. All 16 pads are occupied by tenants who own their homes, providing a stable and predictable income stream. The park includes a convenient circular gravel driveway and mature shade trees. Additional income potential exists through the installation of coin-operated laundry in the vacant laundry room. The commercially zoned rear portion of the property offers further expansion opportunities, subject to buyer verification. The property's Class C designation and stabilized investment type indicate a solid foundation for future growth. Built over 30 years ago, this park offers a proven track record and significant upside potential. The asking price is $1,150,000, translating to a price per pad of $71,875. APN: 050-070-005-000.

Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Year built 1981
Total area 672 SF
Lot 3.7 ac (161,172 SF)
Zoning code C-M-DR
APN 050-070-005-000
UPID US10-3048285
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
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
Roarke R O'neill · 19 yrs held
Roarke R O'neill
since 2007
5 recorded transactions
2007
Price N/A
2007
$261,000
2007
Price N/A
2004
$350,000
2002
Price N/A
Zoning & alternative use
C-M-DR · Anderson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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