72 W Coast Road, Redway, CA 95560
$1,320,000
Property Type:
Commercial
Lot Size (sq. ft.):
296,208
Status:
Sold
Current Price:
$1,400,000
List Date:
4/21/2017
Last Modified:
9/09/2024
Overview
Description
Collect checks at this pristine mobile home park that runs itself. Tenants own their own homes and you lease them the land, they have pride of ownership and they take care of your investment. No late calls to fix something, no lawns to mow, its low maintaince landlord life here. This is a dream investment and a rare opportunity. 33 lots, Gross $118,000 in rents per year.
Listing Details MLS# 247567
Listing Information
- Pended Date
- 2017-05-18
- Sold Date
- 2017-09-29
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Lot Acres
- 6.8
- Flood Zone
- No
Location Legal and Taxes
- Area
- South County
- House Number
- 72
- Street Dir Prefix
- W
- Street Name
- Coast
- Street Suffix
- Road
- Sub-Area
- Redway
- State
- CA
- Zip Code
- 95560
- Cross Street
- Redwood Dr
Directions and Remarks
- Directions
- Across the street from the CHP Department, off of Redwood Dr.
Building Description
- Year Built
- 1977
- # Units
- 33
Business
- Real Estate Included
- Yes
More Information
Location, Legal and Taxes
- APN
- 077-311-005 & 006
Zoning
- Multi-Family
- Yes
Possession
- At Close of Escrow
- Yes
Income & Expenses
- Signage
- Yes
- Net Operating Inc
- 88000
- Insurance
- 1800
- Utilities
- 400
- Rent $
- 118000
- Annual Expenses
- 30000
- Financials Available
- Yes
Square Footages
- Total Building SqFt
- 0
Type of Use
- Mobile Home Park
- Yes
Existing Use
- Other
- Yes
Location
- Corner Lot
- Yes
- Neighborhood
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Exterior Amenities
- Major Road Access
- Yes
- Perimeter Fencing
- Yes
- Public Trans
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Multi-Family
Type of Use:
Mobile Home Park
Existing Use:
Other
Location:
Corner Lot; Neighborhood
Exterior Amenities:
Major Road Access; Perimeter Fencing; Public Trans
Sale Includes:
Land & Building
Possession:
At Close of Escrow
Financing Terms:
Cash; Conventional
Listing Office:
C.B. Commercial Pacific Partners Real Estate
Last Updated: September - 09 - 2024
Broker Attribution:
pacificpartnerscommercial@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.
