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3520 Patterson Rd
Riverbank, CA 95367

$1,475,000 USD

Manufactured Housing Mobile Home Park For Sale • 3,045 SF

Property Details

Property Type Manufactured Housing Mobile Home Park
Total Building Size 3,045 SF
Lot Size 1.46 AC
Building Class C
Year Built 1938
Cap Rate 5.90 %

0 Transit Score

52 Walk Score

                
                    Highlights
                
                                Strategic Location: Located in a growing area with easy access to major transportation routes.
                            
                                Diverse Unit Mix: 21 mobile home sites, 2 apartments, and a house, totaling 24 units.
                            
                                Financial Appeal: Sale price $1,475,000, with 5.91% cap rate and $86,966.22 NOI. 
                            
                                Seller financing is available; 50% down payment ($737,500), 5% interest rate, 4-years interest-only
                            
                                High Occupancy: 100% occupancy rate, ensuring stable income.
                            
                                City Services: The property is connected to city water and sewer services.

Property Flyers

Riverbank MHP OM (Web) Compressed (1)

Financial Summary (Proforma)

Net Operating Income: $108,016 USD (2025)

Cap Rate:	5.90 %
Total Expenses:	$83,639 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Modesto (San Joaquins - Amtrak)	10 min	-	5.7 mi
Airport	Drive	Walk	Distance
Stockton Metro	42 min	-	28.4 mi

Dylan Brazil 209-840-3460 Commercial Real Estate Investors Inc

3520 Patterson Rd Riverbank, CA 95367