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
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.
More Information MLS# 247567
Property Description
Realtor.com Type: Commercial
Lot Size: 5 - 9.99 Acres
Construction Status: Existing
Lot Acres: 6.8
Flood Zone: No
Type of Property: Commercial
Building Description
Year Built: 1977
# Units: 33
Location, Legal and Taxes
APN: 077-311-005 & 006
Zoning
Multi-Family: 1
Possession
At Close of Escrow: 1
Income & Expenses
Signage: Yes
Net Operating Inc: 88000
Insurance: 1800
Utilities: 400
Rent $: 118000
Annual Expenses: 30000
Financials Available: 1
Square Footages
Total Building SqFt: 0
Business
Real Estate Included: Yes
Type of Use
Mobile Home Park: 1
Existing Use
Other: 1
Location
Corner Lot: 1
Neighborhood: 1
Financing Terms
Cash: 1
Conventional: 1
Exterior Amenities
Major Road Access: 1
Perimeter Fencing: 1
Public Trans: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2017-04-21
List Price: $1,400,000
Current Price: $1,320,000
Sold Date: 2017-09-29
Sold Price: $1,320,000
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.
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.
