$2,750,000

Estimated payment $16,055/month

Total Views 7,100
10 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2.86 Acre Lot
  • No HOA
  • Coin Laundry
  • Private Lot
  • 30 Car Garage
  • Wood Siding

About This Home

Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 83% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.

Listing Agent

Beth Ann Wilson

Two Feathers Realty License #01208381 Listed on: 09/30/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.86 Acre Lot
  • Private Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property

Parking

  • 30 Car Garage
  • Open Parking

Utilities

  • Separate Meters
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 007-270-031-000

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 21 Units

Additional Features

  • Coin Laundry
  • 7 Leased Units

Property Details

Home Type

Multi-Family

Lot Details

2.86 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Foundation: Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2750000.00
  • Lot Features: Private
  • New Construction: No
  • Pool: No
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Parking Features: Open, Garage, Uncovered, Varies by Unit
  • Total Parking Spaces: 30.00

Utilities

  • Security: Varies By Unit
  • Sewer: See Remarks
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Meter on Site
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning: R1-1.5
  • Irrigation: Meter on Site
  • Lot Size Acres: 2.8600
  • Lot Size Sq Ft: 124582.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Income Includes: ["Coin Operated Equipment"]
  • Number of Leased Units: 7
  • Number of Units: 21

Tax Info

  • Assessor Parcel Number: 007-270-031-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $14,413 $1,160,800 $835,400 $325,400
2025 $14,388 $1,138,200 $819,100 $319,100
2024 $14,326 $1,138,200 $819,100 $319,100
2023 $14,326 $1,138,200 $819,100 $319,100
2022 $14,412 $1,138,200 $819,100 $319,100
2021 $14,524 $1,115,800 $803,000 $312,800
2020 $12,480 $970,300 $698,300 $272,000
2019 $12,594 $951,300 $684,600 $266,700
2018 $12,222 $906,000 $652,000 $254,000
2017 $10,932 $863,000 $621,000 $242,000
2016 $10,390 $821,000 $591,000 $230,000
2015 $9,877 $782,000 $563,000 $219,000
2014 -- $731,000 $526,000 $205,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $2,750,000 -- --
Source: MetroList

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Placer Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $590,000 Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $100,000 Commercial
Closed $300,000 Commercial
Closed $200,000 Commercial
Previous Owner $540,000 Seller Take Back
Source: Public Records

Source: MetroList

MLS Number: 225125423

MetroList
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