14625 Mussey Grade Rd Ramona, CA 92065

-1 Bed

-1 Bath

-1 SqFt

when would you like to view

this property?


Please select your preferred date.

Glen Henderson

Schedule an obligation free tour to see this property

Key Details

Property Type: Com-MobHmPark

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 180063974

Special Sale: Call Agent,N/K

Type of Financing: Cash,Cash to New Loan

Property Description

Mussey Grade Village Park is a well maintained and well managed Mobile Home Park on 155 acres, located in unincorporated Ramona in San Diego County; Current mix is 91 MH/RV sites and 2 permanent SFR sites; Park is in high demand, with a 1 to 2 year waiting list; 2018 Statement of Operations is available...GOI of $954,878, with NOI of $542,446, for a 7.24% CAP rate at ask price (NOTE: CAP rate is 6.67% after deducting current property taxes and 6.24% CAP rate after estimated prop taxes at ask price); Rents were increased February 1st and effective May 1, 2019, generating an additional $48,000 annual revenue; Multiple financial upsides include adding solar; adding more MH/RV sites; opening 14 existing campsites; and possible subdivision.


State: CA

County: San Diego


Elementary Schools: Mt. Woodson Elementary School

Middle Schools: Olive Peirce Middle School

High Schools: Ramona High School

School District: Ramona City Unified School District

Read More Info

Read Less Info

Listing Provided By David A. Baker (CA BRE #01413821) of The Prestige Realty Group

Read More Info

Read Less Info

Nearby School & Properties

Property History

Date Event Price Source

    Neighborhood Demographic

    Similar Homes Unlike ?

    Get More Information

    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

    We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

    Glen Henderson Chat Now