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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
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 - -

zoning

Zoning Code T2
T2
  • Listing ID: 30702147

  • Date on Market: 2024-01-19

  • Last Updated:

  • Address: 12594 Kennedy Flat Rd, Jackson, CA 95642

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