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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28046121
28046122

235 Lum St, Weott, CA 95571

$329,900
214 days on market
Updated 151 days ago

Southern Humboldt Mobile Home Park

Details
APN 095-051-013
Property Type Mobile Home Park
Sub Type investment
Pads 7
Cap Rate 6.7%
NOI $22,090
Occupancy 86%
Broker Co-Op Yes
Acreage 1.500
Zoning R-3
Investment Type Owner/User
Sale Condition For sale by owner

Mobile Home Park | 7 Pads | $47,129/pad

Marketing description

A stone's throw from Humboldt Redwoods State Park, this 1.5-Acre mobile home park offers steady income, minimal overhead, and potential for future growth or redevelopment. Currently improved w/7 spaces (6 rented), the property's R-3 zoning and existing infrastructure allow for additional home spaces and support denser residential development. All homes are tenant-owned, w/residents paying utilities, keeping expenses low and management simple. There is also a coin-operated laundry room. Infrastructure is in good condition and includes separate hookups for water, sewer, and electric at each space. This is a great opportunity for investors seeking a low-maintenance property w/reliable income and long-term upside, all in a peaceful, scenic setting surrounded by nature. Check OM for property information sheet.

Investment highlights

Expenses

  • Utilities: approximately $350/month (includes propane for laundry room and water for master meter + Space 7)

  • Maintenance: approximately $350/year

  • Common area yard care: currently handled by the owners personally

  • Total Annual Expenses: approximately $4,550

Income

  • 6 rented spaces at $370 each = $2,220/month

  • Annual rental income = $26,640/year

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$22,090.00
$1,840.83/mo

Valuation Metrics

0
DSCR
6.7%
Cap Rate
6.7%
ROI

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