Property History
CALL FOR OFFERS: MAY 13, 2026
CRI Brokerage is pleased to present the opportunity to acquire an all-age manufactured housing community in Grass Valley, Nevada County, California. Wagon Wheel Estates, well-maintained high-quality park featuring 38 spaces. The property provides city water and sewer, with all tenant-paid utilities, gas and electric direct-billed to residents. Water, sewer, and trash are reimbursed by tenants through a flat-rate billing structure. The community has recently completed a PG&E conversion program which include new utility meters, further enhancing operational efficiency and reducing expenses. There is significant upside opportunity in the rents, which average ~$677/month, while avg market rents range from ~$960–$1,050/month.
Importantly, there is No local rent control ordinance in Grass Valley, CA. Three park-owned homes are included in the sale. Two are currently being renovated and will be rent-ready soon. All park-owned homes are included in the purchase.
The community also benefits from an on-site shop and laundry facility equipped with mobile payment technology. Residents enjoy convenient access to everyday retail and dining, with Target, Raley's, and big-box retailers all within 1.5 miles of the property.
Located in the heart of Nevada County along the Highway 49/I-80 corridor,the property is 13 miles from Colfax, 24 miles from Auburn, and one hour from Sacramento. Proximity to Lake Tahoe and the broader Sacramento metro area continues to drive housing demand into Nevada County. Benefited from the strong demographics and long-term demand driving Northern California's housing. Grass Valley's, proximity to outdoor recreation, and relative affordability compared to major metro areas continue to attract a diverse resident base across all age groups. Sale subject to 1031 exchange.
- No Rent Control
- All Tenant-Paid Utilities | Gas and electric direct-billed; water, sewer, and trash reimbursed through flat-fee billing
- Average lot rent: ~$677 (Below-Market)
- City Water & Sewer
- (Total 3 POH) All included in sale 2 will be delivered rent-ready! (post-renovation)
- Current Occupancy: 95%
- Avg Market Lot Rents Range From ~$960–$1,050/month
- PG&E Meter Conversion Program completed
- All-Age MHC
- Significant Upside in Rents
- On-Site Laundry Facilities
- Sale subject to 1031 exchange.
- Target, Raley's, CVS, Walgreens and big-box retailers all within 1.5 miles
- Less than 1 hour to Sacramento, 1.5 hours to Lake Tahoe, and 2 hours to San Francisco
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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