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1838 Adelaida Road, Paso Robles, CA 93446

Commercial property

1838 Adelaida Road, Paso Robles, CA 93446 Sold April 2023 CRMLS
$5,000,000Sold April 2023

Listing Agent: Adam Smith (DRE #02162074) · Listing Office: Avila Beach Realty Inc. · Contact: 805-965-2100 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #SC22176431 · Source: CRMLS

849,420
Building Sq Ft
6.28%
Cap Rate
$408,834
NOI
849,420 sqft
Lot Size
RR
Zoning
Commercial property
Type

About this commercial property

Here's your chance to own an amazing 80 unit income property! Resthaven Mobile Home and RV Park encompasses 41 mobile homes (tenant owned) and 39 RV spaces on 19.5 acres of land. This beautiful property is located on quiet Adelaida Rd and boasts stunning views of the canyon and surrounding vineyards. Expansion potential allows for 10 more mobile homes (7 double wide, 2 single wide, 1 park space). All necessary permits and improvements have been made in preparation for the additional mobile homes. Coin operated laundry brings in additional income. Each unit is sub-metered and tenants pay all utilities in addition to base rents. Offers due November 10th

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$5,000,000
Sold April 2023 · listed $6,350,000, orig. $5,549,000, on market August 2022 · MLS #SC22176431 · Source: CRMLS
Listing Agent: Adam Smith · Listing Office: Avila Beach Realty Inc. · Contact: 805-965-2100 · Bought with: General NONMEMBER · NONMEMBER MRML
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