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    5775 Old Highway 53

    Clearlake, CA 95422
    • $1,200,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: LC20211221
    UPDATED: 14 min ago
    $1,200,000
    • 0
      BEDS
    • 3.01
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 900
      SQFT
    • $1,333
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Lakeside Mobile Park Resort and RV Park is the proverbial CASH COW! This lakefront all age community features seventeen (17) single-wide mobile home spaces, Seventeen (17) RV spaces, one (1) double wide trailer (OWNED); five (5) cottages, one (1) cottage space, and one (1) large double-wide manufactured home (OWNED). All of this is located on a serene lakefront 3.04 acre lot.Property is on city water and city sewer and each site has full hook-ups to water, sewer, and electrical service. The tenants pay all utilities. There is also an onsite laundry facility for resident convenience and additional income.The double-wide manufactured home is located at the end of the park and on a private peninsula. This area provides unparalleled lake views from the deck/dock and provides privacy for the owner or park manager. There is a convenient boat lift and a private pier, which is in need of renovation but provides tons of upside potential.If you have been waiting for a property like this to become available, you have been waiting a long time. Don+GGt let this exceptional opportunity pass you by.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T12:25:48.56. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/110913952
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    5775 Old Highway 53 Clearlake, CA 95422

    • Price: $1,200,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: LC20211221
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.01
    Acres
    900
    SQFT
    $1,333
    $/SQFT
    Neighborhood:
    Lccle - Clearlake East
    County:
    Lake
    Area:
    Lccle - Clearlake East
    Property Description
    Lakeside Mobile Park Resort and RV Park is the proverbial CASH COW! This lakefront all age community features seventeen (17) single-wide mobile home spaces, Seventeen (17) RV spaces, one (1) double wide trailer (OWNED); five (5) cottages, one (1) cottage space, and one (1) large double-wide manufactured home (OWNED). All of this is located on a serene lakefront 3.04 acre lot.Property is on city water and city sewer and each site has full hook-ups to water, sewer, and electrical service. The tenants pay all utilities. There is also an onsite laundry facility for resident convenience and additional income.The double-wide manufactured home is located at the end of the park and on a private peninsula. This area provides unparalleled lake views from the deck/dock and provides privacy for the owner or park manager. There is a convenient boat lift and a private pier, which is in need of renovation but provides tons of upside potential.If you have been waiting for a property like this to become available, you have been waiting a long time. Don+GGt let this exceptional opportunity pass you by.
    Exterior Features

    Construction Materials See Remarks Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Waterfront Features Fishing in CommunityLake Front

    Interior Features

    Condo Area Units Square Feet Laundry Features Community

    Property Features

    Additional Parcels YN No Asset Class Mobile Home Park Building Area Units Square Feet Building Status Existing Cap Rate 10.70 Country Us Electric Electricity - On Property Expense Year 31340 Gross Scheduled Income 164724.00 Investment Property YN Yes Land Use Mobile Home Park Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Operating Expense 128442.00 Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Sewer Available Vacancy Allowance 4942 Vacancy Allowance Rate 3.00 Water Source Public

    Listing provided courtesy of Erika Rendino of Re/Max Marketplace


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T12:25:48.56. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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