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$ 1,750,000
Est. payment /mo
Active
26600 CA-Highway 88 Pioneer, CA 95666
1,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $1,750
MLS Listing ID CROC25172191
HOA Y/N No
Year Built 1973
Lot Size 6.210 Acres
Acres 6.21
Property Sub-Type Other
Property Description
Buckhorn MHP is a 48-site, all-age community in Pioneer, CA being offered for $1,750,000 ($36,458 per site). Seller financing is available for qualified buyers, subject to seller's approval, with $875,000 down payment, 7 year term, and 4% I/O rate. 30 sites are currently occupied by long term residents with tenant-owned homes. There are 18 vacant units at Buckhorn MHP, presenting the opportunity for a new owner to grow occupancy by in-filling homes. Occupancy within the set of comparable parks nearby averaged over 90%. Furthering Buckhorn MHP's potential, its average rents are $650 per month, which is approximately 15% less than the comparable set average of $773. Buckhorn MHP benefits from directly billed electric and gas utilities for each space. Waste is handled by a private septic system consisting of three tanks and leach fields. Public water is provided by Amador Water Agency through a master meter. Currently, only a handful of the tenants are being billed for water at a flat rate. There is potential for the new owner to expand billing for water and septic services. Buckhorn MHP's street coverings are a combination of asphalt and dirt and there is a laundry room with recently updated leased machines. Buckhorn MHP is directly adjacent to a Chevron Gas and Convenience store a
Location
State CA
County Amador
Interior
Fireplace No
Laundry Other
Exterior
View Y/N true
View Trees/Woods
Building
Sewer Private Sewer
New Construction No
Others
Tax ID 033160013000

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Listed by Tim Ryan • Avine Real Estate






