245 Railroad Flat Road, Rail Road Flat, CA 95245
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
245 Railroad Flat Road,Rail Road Flat, CA 95245
$550,000
- - Beds
- - Baths
- 264 sq. ft.
- Multi-family
- Active
Listed by: samuel weiner
Office: exp realty of california, inc.
MLS#:226042890
Source:MFMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$2,083.33
About this home
Exceptional opportunity to acquire a 26-space mobile home park offered at $550,000, equating to approximately $21,150 per space, well below typical market pricing and positioned for a quick sale due to seller health circumstances. The property currently has rents ranging from $500 to $600 per month and presents a value-add opportunity, as current operations are not yet optimized and the asset is not presently producing positive cash flow. This creates significant upside for an investor to improve management, fill spaces with RV or Mobile/Manufactured Homes, and enhance overall performance. Once stabilized, the property has the potential to deliver a projected cap rate exceeding 15%, making it an attractive repositioning opportunity in the resilient affordable housing sector. In addition, ownership offers valuable depreciation tax benefits, which may help offset taxable income and improve overall returns (buyers to verify with their tax advisor). Offering private financing with $170,000 down, providing a flexible acquisition structure and reducing reliance on traditional lending. This is a rare chance to acquire a below-market asset with substantial upside and long-term growth potential....
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Home facts
- Year built:1960
- Listing ID #:226042890
- Added:2 day(s) ago
- Updated:April 11, 2026 at 02:46 PM
Rooms and interior
- Living area:264 sq. ft.
Structure and exterior
- Year built:1960
- Building area:264 sq. ft.
- Lot area:7.41 Acres
Utilities
- Sewer:Private Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$2,083.33
Features and amenities
- Laundry features:In Common Area
Parking
- Total parking spaces:56
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