$3,489,000
Salinas, CA 93907
1949
Year Built
Monterey
County
CommercialSale
Property Type
Rare opportunity to acquire the Morton Mobile Home Park, a portfolio of six legal parcels in North Monterey County offered together. The property includes four single-family residences, six mobile homes, and an onsite management/office unit within a registered 7-space mobile home park (6 currently utilized). The units are well maintained and the property provides in-place income with additional upside through lease-up, rent stabilization, and reconstruction of a fire-damaged residence. Each parcel is legally separate and may be conveyed individually, offering long-term flexibility and potential exit strategies. Tenant-paid utilities and septic systems contribute to a low-expense operating profile. Located in a highly functional area with strong access to Highway 101, nearby services, and a favorable walkable environment supporting tenant convenience and demand. Onsite office space allows for active management. Tenants rights prevail. Do not disturb occupants.
$18,570/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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