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Mobile Home Park

Gold Oaks Mobile Home Park

12594 Kennedy Flat Rd, Martell, CA 95642

Listing Price: $2,295,000

Cap Rate
6.04%
Number of Spaces
26
Lot Size
1.70 acres
Occupancy
92.0%
Price/Space
$88,269
Spaces/Acre
15.29
Year Built
1970

Investment Overview

Gold Oaks MHP is located at 12594 Kennedy Flat Road in Jackson, California. It is a
26-space park that is licensed for 24 mobile homes and 2 RV's. The park consists of
19 mobile homes, 5 RV's, and 2 vaccancies. There is currently 1 park owned mobile
home occupied by the on-site manager and 1 park owned RV. Gold Oaks is an all
age community serviced by municipal water and sewer. There is no rent control in
Jackson. The last rental increase took effect July 1, 2023.
Jackson is a city in and the county seat of Amador County, California. Jackson,
named after Colonel Alden Jackson, was founded in 1848 around a year-round
spring. Settlement of the region by American pioneers was stimulated by the
discovery of gold in the Sierra foothills around 1848. Although Amador County was
an important mining center, its County seat of Jackson was not typical of the early
gold camps. The camp grew quickly, as besides being a popular mining spot, it was
also a convenient stopping place on the road from Sacramento to the Southern
Mines. The camp became an important supply and transportation center for the
neighboring town. Jackson is the center of trade and industry in Amador County.
The majority of the shopping centers, government offices, and many businesses
are located in Jackson and its neighbor town, Martell.
This park will make an excellent investment for a buyer who is looking for a clean,
well kept park with upside in rents.

Investment Highlights

  • City Utilities
  • Non-Rent Controlled Market
  • Upside in Rents

Exclusively Listed By

Mobile Home Park

Gold Oaks Mobile Home Park

Listing Price: $2,295,000

Cap Rate
6.04%
Number of Spaces
26
Lot Size
1.70 acres
Occupancy
92.0%
Price/Space
$88,269
Spaces/Acre
15.29
Year Built
1970

Investment Highlights

  • City Utilities
  • Non-Rent Controlled Market
  • Upside in Rents

Investment Overview

Gold Oaks MHP is located at 12594 Kennedy Flat Road in Jackson, California. It is a 26-space park that is licensed for 24 mobile homes and 2 RV's. The park consists of 19 mobile homes, 5 RV's, and 2 vaccancies. There is currently 1 park owned mobile home occupied by the on-site manager and 1 park owned RV. Gold Oaks is an all age community serviced by municipal water and sewer. There is no rent control in Jackson. The last rental increase took effect July 1, 2023. Jackson is a city in and the county seat of Amador County, California. Jackson, named after Colonel Alden Jackson, was founded in 1848 around a year-round spring. Settlement of the region by American pioneers was stimulated by the discovery of gold in the Sierra foothills around 1848. Although Amador County was an important mining center, its County seat of Jackson was not typical of the early gold camps. The camp grew quickly, as besides being a popular mining spot, it was also a convenient stopping place on the road from Sacramento to the Southern Mines. The camp became an important supply and transportation center for the neighboring town. Jackson is the center of trade and industry in Amador County. The majority of the shopping centers, government offices, and many businesses are located in Jackson and its neighbor town, Martell. This park will make an excellent investment for a buyer who is looking for a clean, well kept park with upside in rents.

Exclusively Listed By

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