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991 Knights Lane, Garberville, CA 95542

$980,000
Property Type: Commercial Square Footage: 1,800 Lot Size (sq. ft.): 74,052 Status: Active
Current Price: $980,000 List Date: 8/16/2024 Last Modified: 9/09/2024

Description

Huge commercial opportunity. 13 trailer space rentals with a triplex and two small cabins. Great cash flow. OWC Wonderful views from the property which is located right in Garberville. All new underground gas and water lines. Owner may carry a first note for a qualified buyer with a large down. The CAP rate at full price is an amazing 9.3%!!!

More Information MLS# 263617

Property Description

Realtor.com Type: Commercial Lot Size: 1 - 1.99 Acres Construction Status: Existing Accessory Dwelling Unit: No Lot Acres: 1.7 Flood Zone: No Surveyed: No List Price/SqFt: 544.44 Type of Property: Commercial Main House SqFt: 1800

Building Description

Year Built: 1970 # Units: 18

Location, Legal and Taxes

APN: 032-121-021

Zoning

Multi-Family: 1 Commercial: 1 Other: 1

Possession

At Close of Escrow: 1

Income & Expenses

Annual Gross Rev: 154000 Total Operating Exp: 42000

Square Footages

Total Building SqFt: 1800

Business

Real Estate Included: Yes

Type of Use

Mobile Home Park: 1

Existing Use

Other: 1

Utilities

Circuit Breaker: 1 Propane: 1 Telephone: 1

Location

Neighborhood: 1

Financing Terms

Owner Carry 1st: 1

Sale Includes

Land & Building: 1

Listing Information

Status: Active List Date: 2023-02-06 List Price: $980,000 Current Price: $980,000

Location Legal and Taxes

Area: South County House Number: 991 Street Name: Knights Street Suffix: Lane Sub-Area: Garberville State: CA Zip Code: 95542 Cross Street: Melville

Directions and Remarks

Directions: Garberville....Redwood Drive to Melville. Right on to Knights Lane...the trailer park is right there.

Property Features

Zoning: Multi-Family; Commercial; Other Type of Use: Mobile Home Park Existing Use: Other Location: Neighborhood Utilities: Circuit Breaker; Propane; Telephone Sale Includes: Land & Building Possession: At Close of Escrow Financing Terms: Owner Carry 1st
Listing Office: Chris Brannan Realty
IDX
Last Updated: September - 09 - 2024
Broker Attribution: chris@brannanrealty.us

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.