Contact Xavier Gomez
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18842 Cachagua Road, Carmel Valley, CA 93924
Priced at Only: $6,000,000
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Address: 18842 Cachagua Road, Carmel Valley, CA 93924
Property Location and Similar Properties
Reduced
- MLS#: ML82041267 ( )
- Street Address: 18842 Cachagua Road
- Viewed: 3
- Price: $6,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1958
- Bldg sqft: 0
- Days On Market: 9
- Additional Information
- County: MONTEREY
- City: Carmel Valley
- Zipcode: 93924
- Provided by: Agency One Real Estate
- Contact: Sean Sean

- DMCA Notice
-
DescriptionExcellent opportunity to own this carmel river front 46 unit mobile home park(state permit allows for 4 more units) with 5 additional homes on site and 1 Fire Station. 52 total units. Potential for 56. State permit for park allows for 50 mobile homes/RV's and currently the park has 46 mobile homes/rv's. There are 4 cabins all fully rented and a vacant Bar/Tavern with plans to convert to an ADU which should rent for an additional $2700 per month. Bar/Tavern exterior in great shape. Fire station is on a long term lease and is operated by Cachagua Fire Department. The park features a gated entrance, paved asphalt roads throughout park, security cameras, laundry room with 2 new washers and 2 new dryers, vending machine room(no vending machine included), solar lighting, a 40,000 gallon water storage facility and well with brand new well pump, well motor and new backup generator, 4 storage buildings, riverfront beach, volleyball court and BBQ area. Rent is due to be increased now by the new buyer. Priced at a 7.1% Cap Rate at current rents! This is truly a remarkable investment property with plenty of value add opportunities remaining to get to an 8%+ Cap!
Features
Building Area Total
- 25000.00
Carport Spaces
- 0.00
Cooling
- Central Air
Heating
- Fireplace(s)
- Electric
- Propane
- Central
Insurance Expense
- 22901.00
Number Of Buildings
- 52
Otherexpense
- 3009.00
Parcel Number
- 418261046000
Roof
- Other
Totalexpenses
- 153414.00
Trash Expense
- 0.00
Water Source
- Well
Year Built
- 1958
Year Built Source
- Other
Zoning
- MDR/5
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com



































































