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+19162615999
Wesely and Associates
245 Railroad Flat Road, Rail Road Flat, CA 95245
- $600,000
- Sold Price
- $600,000
- List Price
- $550,000
- Closing Date
- Jun 30, 2026
- MLS#
- 226042912
- Status
- CLOSED
- Type
- Single Family Residential
- Zip
- 95245
- City
- Rail Road Flat
Property Description
Exceptional opportunity to acquire a 26-space mobile home park offered at $550,000, equating to approximately $21,150 per space, well below typical market pricing and positioned for a quick sale due to seller health circumstances. The property currently has rents ranging from $500 to $600 per month and presents a value-add opportunity, as current operations are not yet optimized and the asset is not presently producing positive cash flow. This creates significant upside for an investor to improve management, fill spaces with RV or Mobile/Manufactured Homes, and enhance overall performance. Once stabilized, the property has the potential to deliver a projected cap rate exceeding 15%, making it an attractive repositioning opportunity in the resilient affordable housing sector. In addition, ownership offers valuable depreciation tax benefits, which may help offset taxable income and improve overall returns (buyers to verify with their tax advisor). Offering private financing with $170,000 down, providing a flexible acquisition structure and reducing reliance on traditional lending. This is a rare chance to acquire a below-market asset with substantial upside and long-term growth potential.
Additional Information
- Land Area (Acres)
- 7.41
- Year Built
- 1960
- Subtype
- Mixed Use
- Construction
- Other
- Garage
- Private
- Floor Coverings
- Other
- Cooling
- Other
- Heat
- Other
- Water
- Private
- Utilities
- Telephone, Internet Available, Propane
- Sewer
- Septic System
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Listing courtesy of eXp Realty of California, Inc.. Selling Office: Non-MLS Office.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .