18842 Cachagua Rd | Image 1
18842 Cachagua Rd | Image 2
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18842 Cachagua Rd | Image 7

$6,000,000

For Sale

10 days ago

18842 Cachagua Rd, Carmel Valley, CA

House

MLS® ML82041267

0 Bed

0 Bath

--

80 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $60,000
Days Active 10
Lot Size 
Approx. Age 1958
MLS® Number ML82041267

Property Address: 18842 Cachagua Rd, Carmel Valley, CA, 93924-9380

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to own this carmel river front 46 unit mobile home park(state permit allows for 4 more units) with 5 additional homes on site and 1 Fire Station. 52 total units. Potential for 56. State permit for park allows for 50 mobile homes/RV's and currently the park has 46 mobile homes/rv's. There are 4 cabins all fully rented and a vacant Bar/Tavern with plans to convert to an ADU which should rent for an additional $2700 per month. Bar/Tavern exterior in great shape. Fire station is on a long term lease and is operated by Cachagua Fire Department. The park features a gated entrance, paved asphalt roads throughout park, security cameras, laundry room with 2 new washers and 2 new dryers, vending machine room(no vending machine included), solar lighting, a 40, 000 gallon water storage facility and well with brand new well pump, well motor and new backup generator, 4 storage buildings, riverfront beach, volleyball court and BBQ area. Rent is due to be increased now by the new buyer. Priced at a 7.1% Cap Rate at current rents! This is truly a remarkable investment property with plenty of value add opportunities remaining to get to an 8%+ Cap!
MLS® NumberML82041267
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$6,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
18842 Cachagua Rd, Carmel Valley, CA

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