Turnkey investment opportunity in Auburn with strong in-place income and clear upside. Fully occupied 44-unit mobile home park with a waiting list, low vacancy risk and consistent demand. Unit mix includes 23 spaces, 10 park-owned mobile homes, 9 park-owned cabins, and 1 duplex, providing multiple income streams. Stable tenant base with long-term occupancy (many 15+ years) supports predictable cash flow. Recent upgrades to water and septic systems reduce future capital expenses. All utilities are sub-metered, helping control operating costs. Current cap rate is 7.91%. Pro forma cap rate exceeds 13% by aligning rents with market levels. Additional $600K+ value-add potential through repositioning and optimizing park-owned units. Clean, stable asset with strong yield and upside, built for long-term hold or strategic value-add execution.
| Size | 162,478 SqFt |
|---|---|
| Price/SqFt | $0.00 |
| Lot Size | 3.73 Acres |
| Year Built | 1961 |
| Property Type | Mixed Use |
| Zoning | RM-DL8-UP-DC |
| Listing Number | 226036516 |
| Listed | 3/26/2026 |
| Listing Agent | Amir Cackovic |
| Listing Office | eXp Realty of California Inc. |
|---|---|
| Bedrooms | 0 |
| Total Baths | 0 |
| Full Baths | 0 |
| 1/2 Baths | 0 |
| Pool | No |
| Spa | No |
| HOA Dues | None |
| Total Building | 0 |
Listed by Amir Cackovic and Andrew M Boley of eXp Realty of California Inc.. Listing data last updated 7/10/2026 at 3:00 AM .
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.
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