Mobile Home Park
Beachside Mobile Home Park
8345 Trout Ave, Kings Beach, CA 96143
Listing Price: $2,900,000
Cap Rate
5.78%
Lot Size
0.93 acres
Occupancy
100.0%
Year Built
1959
Investment Overview
See OM
Beachside Mobile Home Park
Investment Highlights
- 10 HCD Permitted MH Sites | 2 HCD Permitted RV Sites | 2 Studio Apartments
- 6 POH | 5 TOH | 1 Vacant/Unusable Site (Site#11)
- High Demand North Lake Tahoe Location ~10 Minutes from Northstar California Resort and ~200 Ft to Lake Tahoe Frontage
- 5 Park-Owned Park Models & 1 Park-Owned Mobile Home Included in the Sale
- City Water & City Sewer Served Community
- $1,120,000 Assumable Loan at 4% Fixed through 2031
- The park is positioned for a 7 Site expansion up to 19-sites
- Park has been up zoned for a high density workforce housing building with 70% Lot Coverage and 65' High
Listing Price: $2,900,000
Cap Rate
5.78%
Lot Size
0.93 acres
Occupancy
100.0%
Year Built
1959
Investment Highlights
- 10 HCD Permitted MH Sites | 2 HCD Permitted RV Sites | 2 Studio Apartments
- 6 POH | 5 TOH | 1 Vacant/Unusable Site (Site#11)
- High Demand North Lake Tahoe Location ~10 Minutes from Northstar California Resort and ~200 Ft to Lake Tahoe Frontage
- 5 Park-Owned Park Models & 1 Park-Owned Mobile Home Included in the Sale
- City Water & City Sewer Served Community
- $1,120,000 Assumable Loan at 4% Fixed through 2031
- The park is positioned for a 7 Site expansion up to 19-sites
- Park has been up zoned for a high density workforce housing building with 70% Lot Coverage and 65' High
Investment Overview
See OM
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