18123 Joy Circle, Challenge, CA, CA 95925

$360,000

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List Price
$360,000
Status
ACTIVE
MLS#
OR26002315
County
Yuba
Year Built
1985
Building Square Feet
2,042
Square Feet
251,341
Days on Market
203
Property Type
Multifamily

Property Description

Park yourself in the pines! An exciting income producing opportunity awaits at Cedar Brook Mobile Home Park, tucked back from view off a paved road on 5.77 acres. All 10 spaces are rented. The attractive, well maintained senior park with a year round creek features privately owned mobiles and RVs, security cameras, and a storage barn/outbuilding with laundry facilities and an ample loft studio apartment that can be rented separately or occupied by an owner or manager. Two septic systems accommodate all units and there’s high speed Internet via Starlink. Water is through the North Yuba Water District. The park provides water, septic and garbage removal. Annual revenue is from monthly space rents and washer/dryer usage. Tenants are responsible, long term and on leases. Zoning allows various agricultural and residential possibilities in addition to the present configuration. Some seller financing is available. Located in a serene foothills community in a peaceful, secluded setting, this adaptable property is convenient to shopping, services and schools with several lakes and recreation areas in the vicinity. Take advantage of an affordable, ready to go investment with everything in place to enjoy and earn money right away on or off site!

Additional Information

Parcel Number
050400012000
Gross Scheduled Income
$59,544
Operating Expense
15740
Net Operating Income
$43,803
Number of Buildings
1
Lot Features
2-5 Units/Acre, Corners Marked, Cul-De-Sac, Greenbelt, Gentle Sloping, Horse Property, Paved, Secluded, Street Level
Security Features
Security System
Appliances
Dryer, Washer
Utilities
Electricity Connected, Propane, See Remarks, Water Connected
Heat
Baseboard
Exterior Construction
Wood Siding
Roof
Composition
Sewer
Septic Tank
Water
Public, See Remarks
Community Features
Foothills, Fishing, Hiking, Horse Trails, Hunting, Lake, Near National Forest, Rural

Listing courtesy of Listing Agent: Victoria Craig (vcraig@c21selectgroup.com) from Listing Office: Century 21 Select Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.