$947,000
FOR SALEActive1681 Oak Street
Oroville CA 95965
1,350
SF
Multi-Family
Type
1948
Built
$701/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
MHP on Oak Street is an 18-unit RV/mobile home park in Oroville, consisting of 15 RV/mobile home spaces and 3 apartments. The property is currently 72.2% occupied, offers a shared laundry room, written leases for occupied spaces, utility reimbursement structure, and recent capital improvements completed between 2023 and 2026. Improvements include electrical upgrades, apartment unit improvements, laundry room updates, and fencing. The property successfully passed the California Housing and Community Development inspection in June 2026 and is offered at an excellent 8% cap rate.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.66 acres
Lot Size
18
Total Units
1,350 SF
Square Footage
$701.48/SF
Price per SF
8.00%
Cap Rate
$85K
NOI
1,948
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
8% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
8.00%
Cap Rate
$85,254
NOI
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Closed commercial sales reported, newest first.