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Listed by Timothy Ryan • Avine Real Estate
$ 6,000,000
Est. payment | /mo
7 Sqft Lot
$ 6,000,000
Est. payment | /mo
7 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25177699
Year Built 1969
Lot Size 7 Sqft
Source California Regional MLS
Property Description
Stonegate Mobile Home Park is a 70-site, all-age manufactured housing community located in Santa Rosa, CA, the heart of Northern California's wine country. This 4.0-star community is permitted by HCD for 70 sites consisting of 68 mobile home sites and 2 RV sites. Buyers have the option to assume the existing agency loan or secure favorable seller carryback financing (terms subject to negotiation). There are 65 tenant-owned mobile homes, 2 stick-built single-family residences, 1 tenant-owned park model, and 2 park-owned mobile homes. The 2 park-owned mobile homes are included in the sale, representing a value of approximately $250,000. The average mobile home rent of $590 is approximately 32% below market, offering upside subject to local rent control ordinance guidelines. The community has a large clubhouse with a full kitchen, in addition to a spacious laundry room. Strategically located in Santa Rosa, the largest city in Sonoma County with a population of over 175,000, the park benefits from proximity to major employers including Kaiser Permanente, Sutter Health, Keysight Technologies, and Santa Rosa Junior College, and is just minutes from the Charles M. Schulz- Sonoma County Airport. Anchored by strong healthcare, education, advanced manufacturing, and wine tourism sectors
Location
State CA
County Sonoma
Interior
Laundry Laundry Area, Community Facility
Exterior
Pool None
Building
Water Well
Others
Tax ID 059230060000
Special Listing Condition Not Applicable
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Ben Dodge
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