7025 Eastside Rd Anderson, CA 96007-8911
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-M-DR · Anderson, CAAnderson. 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.