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1941 Third Street, Eureka, CA 95501

$685,000
Property Type: Commercial Square Footage: 1,500 Lot Size (sq. ft.): 26,136 Status: Sold
Current Price: $685,000 List Date: 9/21/2020 Last Modified: 9/09/2024

Description

Clean well managed Mobile Home Park. 16 spaces and 2 studio apartments plus on sight launderette. Clientele are mostly seniors. Desirable location with bus line across the street and walking distance to most services. Low Vacancy. DO NOT DISTURB the tenants. Listing broker is owner, so call me with questions or showing appointment Listing Broker and agents DO NOT guarantee the information in this MLS Listing is accurate. It is the duty of any person, buyer or entity using this MLS listing to exercise due diligence to independently verify this information.

More Information MLS# 257437

Property Description

Realtor.com Type: Commercial Lot Size: .5 - .74 Acres Construction Status: Existing Lot Acres: 0.6 Flood Zone: No List Price/SqFt: 456.66 Cap Rate: 7 Sold Price/SqFt: 456.66 Type of Property: Commercial Main House SqFt: 1500

Building Description

Year Built: 1940 Total Baths: 2 # Units: 18 Condition: Very Good

Location, Legal and Taxes

APN: 002-096-005

Zoning

Commercial: 1

Possession

At Close of Escrow: 1

APOD

GOI: 80000 NOI: 48000

Income & Expenses

Signage: Yes Annual Income: 81420 Annual Gross Rev: 79620 Gross Income: 81420 Net Operating Inc: 50000 Insurance: 3400 Utilities: 24343 Other Expense: 3600 Annual Expenses: 31343 Total Operating Exp: 38843

Square Footages

Total Building SqFt: 1500

Business

Business Name: Recetki Park Real Estate Included: Yes Equip Included: Yes List Avail: Yes License Incl: Yes Fixtures Incl: Yes

Type of Use

Mobile Home Park: 1

Existing Use

Other: 1

Utilities

Circuit Breaker: 1 Electric: 1 Gas: 1 Telephone: 1 TV Cable: 1 220 Volt: 1 Underground Utility: 1

Siding

Wood: 1

Location

Corner Lot: 1

Foundation

Slab: 1

Construction

Wood Frame: 1

Roof

Composition Shingle: 1

Financing Terms

Cash: 1 Conventional: 1

Parking

11 - 20 Spaces: 1

Heating

Natural Gas: 1

Exterior Features

Outbuildings: Shed

Exterior Amenities

Security Lighting: 1

Flooring

Vinyl: 1 Partially Carpeted: 1

Sale Includes

Land/Bldg/Bus: 1

Listing Information

Status: Sold List Date: 2020-09-21 List Price: $685,000 Current Price: $685,000 Sold Date: 2021-01-26 Sold Price: $685,000

Location Legal and Taxes

Area: South Bay House Number: 1941 Street Name: Third Street Suffix: Street Sub-Area: Eureka State: CA Zip Code: 95501 Cross Street: U

Directions and Remarks

Directions: Directly behind the Red Lion Inn on Third

Property Features

Zoning: Commercial Type of Use: Mobile Home Park Existing Use: Other Location: Corner Lot Foundation: Slab Construction: Wood Frame Siding: Wood Roof: Composition Shingle Parking: 11 - 20 Spaces Exterior Amenities: Security Lighting Utilities: 220 Volt; Circuit Breaker; Electric; Gas; Telephone; TV Cable; Underground Utility Heating: Natural Gas Flooring: Partially Carpeted; Vinyl Sale Includes: Land/Bldg/Bus Possession: At Close of Escrow Financing Terms: Cash; Conventional
Listing Office: RE/MAX Humboldt Realty
IDX
Last Updated: September - 09 - 2024
Broker Attribution: johnduncan52@gmail.com

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.