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listing
1 of 15
Commercial
$899,000
8910 Soda Bay Road
Kelseyville, CA 95451
Listed by: Iris Angeleri from Pivniska Real Estate Group, (707) 245-8500
Est. Mortgage
$4,740/mo

Introducing Kolaia Landing Mobile Home Park, a rare investment opportunity with approx 330 feet of prime LAKEFRONT in Kelseyville, CA. This expansive 11-unit lakefront mobile home park spans across 18 acres of premium real estate, offering an unparalleled blend of tranquility and potential. Complete with a private boat launch, pier, and docks. Situated at the base of Mt. Konocti, in coveted Konocti Bay, this property presents an idyllic setting for both residents and investors alike. Konocti Bay is well known for its deep and calm waters and is arguably the best location on Clear Lake. Majestic old-growth oak trees provide ample shade to home sites. With 11 units already in place, this mobile home park provides a solid foundation for immediate income generation. All of the homes are independently owned in extra large spaces and 100% are occupied. 5.4% cap rate with lots of opportunities to increase. Beyond its picturesque location, the property has significant development opportunities. The remainder of the land next to the park, about 6 acres, is level and perfect for expansion of the park, build homes or cabins, or have a vineyard or orchard. ADDITIONAL 6+ acres across Soda Bay Rd is also included in the sale with dramatic lake views

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Information courtesy of Pivniska Real Estate Group is subject to verification and is not guaranteed.
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