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    18800 Cachagua Road

    Carmel Valley, CA 93924
    • $3,250,000
    • STATUS: Active
    • ON SITE: 179 days
    • ID#: ML81790210
    UPDATED: 52 min ago
    $3,250,000
    • 0
      BEDS
    • 9.73
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Valley Creek Park is a rural mobile Home Park with a commercial building on 9.73 acres. Rare Carmel Valley multi-family investment opportunity in the highly desirable Carmel School district. Property has a great history of maintaining a very high occupancy. Good cash flow now with some projected rent increases with 3 improvements to the property (finish barn cabin #23, bring in a double wide to space #29, rent commercial building or convert to into a duplex) New bridge coming in late summer of 2020 at no cost to buyer. Professional management in place.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-21T08:38:14.447.

    www.lucasgphomes.com/homes/105304807
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    18800 Cachagua Road Carmel Valley, CA 93924

    • Price: $3,250,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: ML81790210
    0
    Beds
    0
    Baths
    0
    ½ Baths
    9.73
    Acres
    1948
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Monterey
    Area:
    All Other Counties/States
    Property Description
    Valley Creek Park is a rural mobile Home Park with a commercial building on 9.73 acres. Rare Carmel Valley multi-family investment opportunity in the highly desirable Carmel School district. Property has a great history of maintaining a very high occupancy. Good cash flow now with some projected rent increases with 3 improvements to the property (finish barn cabin #23, bring in a double wide to space #29, rent commercial building or convert to into a duplex) New bridge coming in late summer of 2020 at no cost to buyer. Professional management in place.
    Exterior Features

    Parking Description Spaces - Assigned Parking Spaces Total 105 Roof Composition ShinglesMetalOtherRolled Composition

    Interior Features

    Cooling None Flooring Hardwood FloorsLaminateTile Heating ElectricForced Air 1 ZonePropane Some Units Have DishwasherRefrigeratorUpdated BathsUpdated Kitchen

    Property Features

    Annual Gross Sched Income 294371 Annual Taxes 32000 Annual Utility Expense 0 Building Type Other City Transfer Tax No Energy Saving Feature None Hoa YN No Net Operating Income 198043 Operating Expenses Accounting/LegalInsuranceMaintenance/Repair Tenant Pays ElectricGasWater Tot Bldg Sq Ft 18500 Zoning Comm

    Listing courtesy of John Hankard of Sotheby's Int'l Realty-Rancho.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-21T08:38:14.447.

     
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    Brentwood CA, 94513