Oakdale, CA - Mixed Multi Family / Mobile Home Park Off Market! CASH COW!

Stanislaus County, Oakdale, CA, 95361
Sold
Listed at: October 31st, 2023
Price
$1,404,900
ARV
$2,750,000
Gross Margin
$1,345,100
Sq. Footage
12000
Type
Multifamily
Parking
Carport
Year build
1948
Lot size
1.84 acres
Bedrooms
33
Bathrooms
24
Half Bathrooms
0
Summary

ADDRESS: 856 E H St, Oakdale, CA 95361

Property Notes: 

14-unit mobile home park with almost all mobile homes being owned (transferred with sale)

mix of Mobile Homes / RV's

10 Mobile Homes (9 of them owned, 1 non park owned)

4 RV's (2 of them owned, 2 non park owned)

2 duplexes

3 single family homes

(21 total units/doors)

1 lot included (multi-family zoned) Can put 4 more mobile homes on the lot or build a duplex

Lot is separately parceled

Together 25 potential units

Also, RVs can be doubled up on the pads, hooked up to the same pad potentially to maximize space rent/cash flow

The whole site is city sewer and city water

No septic or well

Can easily bring in over 29-30k a month in rents once stabilized.

Currently brings in 10k a month in rent. (Current rent roll attached in link with photos)

All mobile homes can be brought up to $1000-1200 depending on single-wide or double-wide

There are two pads that can do double-parked RVs

There’s also a building that used to be the washer/dryer facility that can be turned into another single-family

All the homes and duplexes easily $1500/month for Oakdale


Delivered with tenants but notices can be served on buyers behalf if necessary after close of escrow.

CASH OR PRIVATE MONEY ONLY, MUST CLOSE WITHIN 2 WEEKS

ASKING PRICE: $1,404,900

BUY IT NOW: $1,409,900

ARV: $2,750,000

Photo Link HERE


walkthroughs are available for serious buyers ONLY!

Proof of funds to purchase will be required prior to getting access for walkthrough

Call or text Motuma for more details on this

209-219-2459


WHOLESALE UNDER CONTRACT / ASSIGNING TO CASH BUYER.

Realtors-add your commission on top of our sales price

Click the BUY IT NOW button to lock this one down and avoid bidding wars

Must use seller's escrow company

Buyer pays all closing costs

The deal is not final until EMD is received

Realtors/wholesalers add commission to our asking price



.*Important Notes & Disclaimers*
Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major wholesalers in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you.
We have a contract with the seller of this property and are therefore a PRINCIPAL in the transaction. We do NOT have a listing agreement with the seller; this is NOT a 'pocket listing.'
Buyers are encouraged to perform their own due diligence regarding properties advertised by TLC Home Deals Information provided by TLC Home Deals about advertised properties is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.



Must use seller's escrow company Buyer pays all closing costs The deal is not final until EMD is received Realtors/wholesalers add commission to our asking price DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Mary Sbragia

No reviews

Disposition manager