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$12,500,000
Est. payment /mo
28 Acres Lot
UPDATED:
02/10/2025 07:03 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225015336
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1966
Lot Size 28.000 Acres
Acres 28.0
Property Sub-Type Mixed Use
Property Description
Shady Glen Estates is a well-established, senior-only mobile home park spanning 28.82 acres. This well-maintained community features 117 home sites, some with paved driveways and garages. Ideal for an active lifestylejust 5 minutes to Rolings Lake and about an hour to Lake Tahoe. Developed between 1966 and 1980, the park blends modern amenities with spacious layouts, creating a high-quality living environment. It includes 16 storage sites, an office building, and a maintenance shop, plus recently remodeled features such as a clubhouse, pool, and laundry facilityenhancing convenience and appeal for residents. With a low-density design of 4.09 sites per acre, the park offers a peaceful, spacious setting tailored to seniors. Infrastructure upgrades are underway, with the park currently transitioning to city water. Future plans to connect to city sewer, supported by grant funding, will further increase long-term value and efficiency. Located in the growing community of Colfax, Shady Glen Estates benefits from strong regional demand, proximity to key amenities, and a stable age-restricted tenant base. This is a rare opportunity for investors to acquire a high-performing, value-add asset in a desirable market.
Location
State CA
County Placer
Area 12303
Direction Follow I-80 E to Canyon Way in Colfax. Take exit 135 from I-80. Drive to CA-174 to the park.
Location Details See Remarks
Interior
Heating Central
Cooling Central
Flooring Other
Exterior
Parking Features None
Utilities Available Propane, Other
Water Access Desc Treatment Equipment,Water District
Roof Type Shingle
Building
Sewer Private Sewer
Water Treatment Equipment, Water District
Others
Senior Community No
Tax ID 099-140-028-000
Special Listing Condition None
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Listed by eXp Realty of California Inc.