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Tierra Buena Mobile Home Park 2864 Jefferson Ave 28 Unit Mobile Home Park $3,859,324 CAD ($137,833 CAD/Unit) 6.50% Cap Rate Yuba City, CA 95993

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INVESTMENT HIGHLIGHTS

  • 28 Sites
  • No age designation in a Prime Location just 45 miles away from Sacramento
  • 98% Occupancy
  • No rent control - Opportunity to add 2-4 more additional MH Spaces

EXECUTIVE SUMMARY

CRI Real Estate is pleased to present the exclusive offering of Tierra Buena Mobile Home Park, a well-maintained all-age community located in Yuba City, California, just 40 miles north of Sacramento. The property consists of 27 tenant-owned homes with 1 park-owned RV situated on 3.61 acres, featuring wide paved roads and a clean, stable tenant base. Tierra Buena represents a rare investment opportunity — a 28-space all-age community offered at $2,800,000 (approximately $100,000 per site). The park generates a current NOI of $182,069 (˜ 6.50% cap rate) with a pro forma NOI of $210,266 (˜ 7.51% cap rate). The property maintains 98% occupancy with an average site rent of $750. With scheduled rent increases effective January 1, 2026, planned future water chargeback, no local rent control, and potential for 2–4 additional sites near the front entrance, Tierra Buena offers strong in-place income with upside through rent growth and expansion potential.

PROPERTY FACTS

Price $3,859,324 CAD
Price Per Unit $137,833 CAD
Sale Type Investment
Cap Rate 6.50%
No. Units 28
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Garden
Building Class B
Lot Size 3.61 AC
Building Size 1,000 SF
Average Occupancy 98%
No. Stories 1
Year Built 1974
  • Listing ID: 38820923

  • Date on Market: 2025-12-18

  • Last Updated:

  • Address: 2864 Jefferson Ave, Yuba City, CA 95993

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