15329 Little Valley Rd | Grass Valley, CA 95949
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- LoopNet Team
15329 Little Valley Rd
Grass Valley, CA 95949
Grass Valley Mobile Home Village · Multifamily Property For Sale
·
50,000 SF
INVESTMENT HIGHLIGHTS
- Loan Assumption - Assumable agency loan of $4,681,000, Interest Rate 4.11%, Due in 2035 (5 yrs. I/O, 5 yrs. P/I).
- Below Market Rents – Market space rent is $1,036, while Grass Valley MHV average rent increased to $906/month in April 2025
- Spaces - All spaces can accommodate a mobile home, there are currently 10 RV’s occupying MH spaces on the property.
- Cash on Cash (2025) – Projected 7.49% cash-on-cash return for 2025.
- Utilities - Each tenant has sub-metered water, electric, and gas.
- Location - 9 minutes from Downtown Grass Valley, 12 minutes from Nevada City, 1 hour from Sacramento, 1.5 hours from Lake Tahoe!
PROPERTY FACTS
| No. Units | 105 | Building Size | 50,000 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1955 |
| Lot Size | 17.95 AC | ||
| Zoning | R2-MH | ||
| No. Units | 105 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 17.95 AC |
| Building Size | 50,000 SF |
| Average Occupancy | 93% |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | R2-MH |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
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