EXECUTIVE SUMMARY

Grass Valley Mobile Home Village is a 17.95-acre, all-age community featuring 105 sites with 104 mobile home sites and 1 single-family home. With a current average site rent of $833, well below the market average of $1,036, and projected average rents of $906 in April 2025, offering a strong potential for rental growth. Located in Grass Valley, California, the property is 9 minutes from Downtown Grass Valley, 12 minutes from Nevada City, 1 hour from Sacramento, 1.5 hours from Lake Tahoe, and 2 hours from San Francisco.

Residents benefit from nearby amenities, including Target, Raley’s, Starbucks, Petco, and IHOP, as well as recreational activities like hiking, camping, and skiing. Situated in California’s historic Gold Country, this stabilized community is supported by a strong local economy, with major employers like Sierra Nevada Memorial Hospital and Boreal Mountain Resort driving demand for affordable housing. Grass Valley Mobile Home Village combines below-market rents, a great location, and access to outdoor recreation, making it a compelling investment in the Sierra Nevada region.