13029 Yuba-nevada Road, Dobbins, CA

$425,000

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16.12

Acres

About 13029 Yuba-nevada Road

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 newer 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.

Features of 13029 Yuba-nevada Road

MLS® # 223118040
Price $425,000
Acres 16.12
Year Built 1971
Type Residential Income
Sub-Type 5 or More Units
Style Modular/Mobile
Status Active

Community Information

Address 13029 Yuba-nevada Road
Area Oregon House/Dobbins
City Dobbins
County Yuba
State CA
Zip Code 95935-9640

Amenities

Parking Spaces 20
Parking Open, Underground Parking
# of Garages 2
Has Pool No

Interior

Interior Other
Heating Other
Cooling Other
Fireplace No

Exterior

Lot Description Meadow West
Foundation Other

School Information

Attendance Zone DOBBINS ELEMENTARY SCHOOL, FOOTHILL INTERMEDIATE SCHOOL, MARYSVILLE HIGH SCHOOL
District Yuba
Elementary Marysville Joint
Middle Marysville Joint
High Marysville Joint

Additional Information

Zoning A/RR

Listing Details

OfficeRE/MAX Gold

Listing Map

Listing Schools/Amenities

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