10530 Walker, Grass Valley, CA 95945
Local realty services provided by:CENTURY 21 Sierra Properties
10530 Walker,Grass Valley, CA 95945
$2,750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: beth wilson
Office: two feathers realty
MLS#:225125423
Source:MetroList
Price summary
- Price:$2,750,000
About this home
Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 95% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 95% occupied, senior-only community make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required. 1MM DP to cure current debt service....
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Home facts
- Listing ID #:225125423
- Added:392 day(s) ago
- Updated:October 27, 2026 at 05:01 PM
Rooms and interior
- Flooring:Varies by Unit
Heating and cooling
- Cooling:Varies by Unit
- Heating:Varies by Unit
Structure and exterior
- Lot area:2.86 Acres
- Construction Materials:Wood, Wood Siding
Finances and disclosures
- Price:$2,750,000
Features and amenities
- Laundry features:In Common Area
Parking
- Total parking spaces:30
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