12594 Kennedy Flat Rd
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12594 Kennedy Flat Rd
26 Unit Mobile Home Park $3,368,328 CAD ($129,551 CAD/Unit) 6% Cap Rate Jackson, CA 95642
Executive Summary
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.
Property Facts
Price | $3,368,328 CAD | Property Subtype | Manufactured Housing/Mobile Home |
Price Per Unit | $129,551 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 1.73 AC |
Cap Rate | 6% | Building Size | 2,500 SF |
No. Units | 26 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1970 |
Price | $3,368,328 CAD |
Price Per Unit | $129,551 CAD |
Sale Type | Investment |
Cap Rate | 6% |
No. Units | 26 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Building Class | C |
Lot Size | 1.73 AC |
Building Size | 2,500 SF |
No. Stories | 1 |
Year Built | 1970 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 26 | - | - |
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zoning
Zoning Code | T2 |
T2 |
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12594 Kennedy Flat Rd
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