$7,000,000

Excellent opportunity to own this 50 unit mobile home park with 5 additional homes on site, 1 Fire Station and 2 separate single family river front homes on their own parcels (APN's 418-261-004, 418-261-008). 54 total units. Potential for 58 units!. 3 total parcels on 12.6 sunny river front acres in Carmel Valley! State permit for park allows for 50 mobile homes/RV's and currently the park has 46 mobile homes/rv's There is room to add 4 additional mobile homes/rv's. There are 4 cabins all fully rented and a vacant Bar/Tavern with plans to convert to an ADU. 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 backup generator, 4 storage buildings, riverfront beach, volleyball court and BBQ area. Both single family homes are remodeled with easy access to the river. The 1412 sqft 2 bed 1 bathroom home has over 325 feet of carmel river frontage and it's own private beach area! This is truly a remarkable investment property with plenty of upside remaining.