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13029 Yuba-Nevada Road #1-7 Dobbins, CA 95935

$425,000

13029 Yuba-Nevada Road #1-7 Dobbins, CA 95935
Yuba County

4 Bedrooms
4.0 Bathrooms
Land Size: 16.12 Acres
Building Size: 2,068 Sq Ft
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 (still on wheels) that was once a classroom. This home is 2x4-2x6 construction and is built strong, needs to be converted to a home and installed. Buyer to verify. 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.

Property Highlights

  • MLS Area: 12505
  • Number of Fireplaces: 0
  • Heating: Other
  • Cooling: Other
  • Floors: Other
  • Laundry: Other
  • Style: Cottage
  • Stories: 1
  • Construction: Other
  • Water / Sewer: Septic System
  • Utilities: Propane Tank Leased, Propane Tank Owned, Public, Electric, Other
  • Parking Description: Other
  • Has a Pool: No
  • Is a Horse Property: Yes
  • Lot Size in Sq. Ft.: 702,187
  • School District: Yuba
  • Property Subtype: 3+ Houses on Lot
  • Year Built: 1971
  • APN: 048-330-023-000
  • Status: Active
  • HOA Fee: $0

Listing Courtesy of: RE/MAX Gold
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Contact

Ed Perry

DRE #0208358
Mobile Phone: (916) 517-9969

Ed Perry, Real Estate Agent

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