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1838 Adelaida Road

Paso Robles, CA 93446
  • $6,500,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • ID#: SC22176431
Under Contract
UPDATED: 103 min ago
$6,500,000
  • 0
    BEDS
  • 19.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Adam Smith of Avila Beach Realty Inc. (805-965-2100)


Description

Here's your chance to own an amazing 80 unit income property! Resthaven Mobile Home and RV Park encompasses 41 mobile homes (tenant owned) and 39 RV spaces on 19.5 acres of land. This beautiful property is located on quiet Adelaida Rd and boasts stunning views of the canyon and surrounding vineyards. Expansion potential allows for 10 more mobile homes (7 double wide, 2 single wide, 1 park space). All necessary permits and improvements have been made in preparation for the additional mobile homes. Coin operated laundry brings in additional income. Each unit is sub-metered and tenants pay all utilities in addition to base rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-07T15:41:04.08. 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 deemed reliable but is not guaranteed accurate by the MLS or Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
www.murphyhousing.com/homes/132143995
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1838 Adelaida Road Paso Robles, CA 93446

  • Price: $6,500,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 103 min ago
  • ID#: SC22176431
0
Beds
0
Baths
0
½ Baths
19.5
Acres
Neighborhood:
Prnw - Pr North 46-West 101
County:
San Luis Obispo
Area:
Prnw - Pr North 46-West 101
Property Description
Here's your chance to own an amazing 80 unit income property! Resthaven Mobile Home and RV Park encompasses 41 mobile homes (tenant owned) and 39 RV spaces on 19.5 acres of land. This beautiful property is located on quiet Adelaida Rd and boasts stunning views of the canyon and surrounding vineyards. Expansion potential allows for 10 more mobile homes (7 double wide, 2 single wide, 1 park space). All necessary permits and improvements have been made in preparation for the additional mobile homes. Coin operated laundry brings in additional income. Each unit is sub-metered and tenants pay all utilities in addition to base rents.
Exterior Features

Lot Features 2-5 Units/AcreBack YardFront YardGardenLot Over 40000 SqftLandscapedPavedSecludedTreesValue In LandYard Sign On Property YN No

Interior Features

Appliances DryerWasher

Property Features

Additional Parcels YN No Business Type Mobile/Trailer Park Cap Rate 6.28 Common Interest None Gross Scheduled Income 660599 Inclusions Water Rights To An Underground Spring Which Provides Non-Potable Water To The Property. Laundry Features Common Area Lease Considered YN No Listing Agreement Exclusive Right To Sell Net Operating Income 408833.9 Operating Expense 251764.66 Property Sub Type Multi Family Special Listing Conditions Standard Utilities Electricity ConnectedPropaneOtherPhone ConnectedSewer ConnectedWater Connected Water Source Well Zoning Rr



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-07T15:41:04.08. 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 deemed reliable but is not guaranteed accurate by the MLS or Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
 
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Murphy Real Estate Team | Pabalyn Properties
300 Carlsbad Village Dr.
Carlsbad CA, 92008
Listing Agent(s): Adam Smith of Avila Beach Realty Inc. (805-965-2100)