2030 E Grayson Rd

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2030 E Grayson Rd

Ceres, CA 95307
Asking Price
$4.65M
Cap Rate
7.04%
Asset Type
Mobile-home-park
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is offered for sale at $4,650,000.
  • This mobile home park features a 7.04% cap rate.
  • Investors can anticipate a 9% return in year one.
  • The property is positioned in the city of Ceres.
  • Located at 2030 E Grayson Rd in California.

What's Special

Priced at $4,650,000, this mobile home park at 2030 E Grayson Rd in Ceres, California, represents a steady investment opportunity with a 7.04% cap rate. The property is situated in the Central Valley, a region known for its strong agricultural roots and growing residential demand. The location provides access to major regional transit routes, connecting the area to broader economic hubs within the metro region. Given its position in the local market, the asset is well-suited for investors looking to expand their portfolio with income-generating residential communities. The stable nature of this asset type offers a consistent performance profile, with a projected 9% return during the first year of operation. Owners and investors will find this site serves as a functional addition to a diversified real estate holdings strategy in a region characterized by consistent workforce housing needs.

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NOI
$80,000
Cap Rate
1.72%
DSCR
0.29
Underwater
Cash-on-Cash
-14.06%
Monthly Payment
$23,005.663
Annual Cash Flow
$-196,067.954

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