Property Attributes
- MLS#223118040
- TypeIncome
- CountyYUBA
- CityDobbins
- AreaDobbins
- Zip95935
- StyleModular/Mobile
- Price$ 425,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size16.12 Acres
Data Source:
MetroList MLS
Property Description
The 16 acre Artemis Meadow Mobile Home Park is a great Value with lots of upside potential! Park features 5 mobile home sites. Each site rents for $400 per month. 4 sites are currently rented with tenant owned homes. Unit 5 features a double wide park owned home. Other buildings include a site build home(unit#1), a 2 car garage, and a cafeteria/commercial kitchen space(unit#7) that is currently being used as storage. Property comes with a double wide trailer that was once a classroom. This home is 2x4-2x6 construction and is built strong, needs to be converted to a home and installed. Each home has its own electric meter and septic system. The park is supported by a strong well with regular potability testing. Units 5b and 7 need renovation. This is truly a diamond in the ruff. Currently at 7.3 % CAP rate. Well above the average, with the potential to easily double your yearly income. Seller willing to carry with $250k down, for 3 years, at 7%. On 16 acres, you have plenty of space to build your dream home separate from the park and with privacy. Live and work in beautiful Dobbins California. Dobbins is a tight niche community with local shops, dining, farmers market and lakes for recreation.
Price History | |
---|---|
12/25/2023 | Listed $450,000 |
2/13/2024 | 6% - $425,000 |
General Features
Sewer | Septic System |
---|---|
Heating | Other |
Cooling | Other |
Utilities | Propane,City,Electric |
Unit 4 Rent | 400 |
Unit 2 Rent | 400 |
Unit 3 Rent | 400 |
Unit 1 Rent | 500 |
Garage Spaces | 2.0 |
Architectural Style | Modular/Mobile |
Construction Materials | Other |
Year Built | 1971 |
Electric | 220 Volts |
Tenant Pays | Electricity,Gas |
Stories | 1 |
Topography | Snow Line Below,Trees Few |
Property SubType | 5 or More Units |
County | Yuba |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Close Price | 0.0 |
Status | Active |
Directions | Marysville Rd to Texas Hill,to Musholt to Yuba-Nevada |
City | Dobbins |
Buyer Agent Compensation | 3 |
High School District | Marysville Joint |
Zoning Description | A/RR |
Open Parking Spaces | 0.0 |
Total Units | 9 |
MLS Area | 12505 |
Lot Size Square Feet | 702187.0 |
Carport Spaces | 0.0 |
Street Name | Yuba-Nevada |
Ok to Lease | Month To Month |
Standard Status | Active |
Middle/Junior School District | Marysville Joint |
Elementary School District | Marysville Joint |
Year Built Source | Assessor Auto-Fill |
Buyer Agent Compensation Type | Percent |
Interior Features
Flooring | Other |
---|---|
Total Stories | 1 |
Furnished Units | None |
Unit 1 Full Baths | 4 |
Unit1Bedrooms | 4 |
Street Suffix | Road |
Laundry Features | Other |
Unit 1 Bedroom Units Total | 1 |
Unit 3 Bedroom Units Total | 1 |
UnitTypeStudioUnitsTotal | 1 |
Exterior Features
Parking Features | Open,Underground Parking |
---|---|
Lot Features | Meadow West |
Water Source | Well,Private,Shared Well |
Total Parking | 20.0 |
Foundation Details | Other |
Number of Buildings | 3 |
Lot Size Acres | 16.12 |
Lot Size Source | Assessor Auto-Fill |
Covered Spaces | 0.0 |
Other Equipment | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool