SPRING CREEK MOBILE PARK 16160 JELLYS FERRY ROAD | …€¦ · 16160 JELLYS FERRY ROAD | RED BLUFF,...

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•2 Mobile Home Spaces with lots •5 RV Spaces with lots • Located near Sacramento River • Near Bend Elementary • Easy access to Highway 5 • 10 minutes to major retail

16160 JELLYS FERRY ROAD | RED BLUFF, CA 96080

PROPERTY OVERVIEW

SPRING CREEK MOBILE PARK

Steamer Pease Direct: 916.677.1293 Spease@LowerkaseCommercial.com DRE 01765688

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16160 JELLYS FERRY ROAD | RED BLUFF, CA 96080

•2 Mobile Home Spaces •5 RV Spaces

INVESTMENT SUMMARY

Steamer Pease Direct: 917.677.1293

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Spring Creek Mobile Park

Proximity to I-5

Major Retail

INCOME Monthly Annual

Space Rent- Homes $1,200 $14,400

Space Rent- RVs $1,520 $18,240

Total $2,720 $32,640

EXPENSES Monthly Annual

Insurance $115 $1,380

Property Taxes $192 $2,304

Electricity $100 $1,200

Total $407 $4,884

NOI $27,756

Cap Rate Value at 9.3% $299,000

Steamer Pease | Direct: 916.677.1293 |spease@lowerkasecommerical.com | DRE 01765688

16160 JELLYS FERRY ROAD RED BLUFF, CA 96080