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1241 S Main Street, Yreka, CA 96097
Priced at Only: $850,000
For more Information Call Mobile: 714.478.6676
Address: 1241 S Main Street, Yreka, CA 96097
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  • MLS#: OC25171808 ( Manufactured On Land )
  • Street Address: 1241 S Main Street
  • Viewed: 1
  • Price: $850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: SISKIYOU
  • City: Yreka
  • Zipcode: 96097
  • Provided by: Avine Real Estate
  • Contact: Timothy Timothy
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Yreka RV Village is a 38 site, all age community with 2 separate commercial buildings and 1 potential expansion site, located in Yreka, CA, and offered for $850,000 (or $21,250 per unit). The offering includes an assumable $400,000 loan and second position seller financing of $250,000, for a combined total of $650,000 at a blended interest only rate of 6.65%, requiring a $200,000 down payment. All 38 sites are HCD permitted for manufactured homes, providing flexibility for future occupancy growth. In place rents are approximately 33% below comparable communities, creating strong value add potential through rental increases. Yreka RV Village benefits from all public utilities and direct billed electric. Water, sewer, and trash services are included in rent, presenting the opportunity for the new owner to introduce utility bill back. The property also features a standalone, site built office structure used for management and operations. The community is located within a Qualified Opportunity Zone, a federal program intended to drive investment into designated areas. Yreka RV Village is less than one mile from an I 5 on ramp, and in close proximity to a state of the art hospital and several commercial businesses. The location offers access to employment, services, culture, entertainment, and airports, with Mt. Shasta, CA, Ashland, OR, and Medford, OR all within a one hour drive. Reach out directly to receive the offering memorandum. Please do not visit, drive through, call, or disturb the property without prior approval from the listing broker.
Features
Additional Parcels Description
  1. 061-351-100-000
Building Area Total
  1. 1000.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 1314.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 4663.00
Laundry Features
  1. Common Area
Levels
  1. One
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 36875.00
Number Of Separate Electric Meters
  1. 38
Number Of Separate Gas Meters
  1. 38
Parcel Number
  1. 061351070000
Pool Features
  1. None
Professionalmanagementexpense
  1. 17570.00
Property Type
  1. Manufactured On Land
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 444152880:CRM
Totalactualrent
  1. 145567.00
Totalexpenses
  1. 106538.00
Trash Expense
  1. 13890.00
Utilities
  1. Electricity Available
  2. Propane
  3. Sewer Connected
  4. Water Connected
Vacancyallowance
  1. 77222
Water Sewer Expense
  1. 4466.00
Water Source
  1. Public
Year Built
  1. 1973
Year Built Source
  1. Seller
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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