Traveller's Park

3251 N. State Street, Ukiah, CA 95482

Accepting Offers
Traveller's ParkTraveller's ParkTraveller's ParkTraveller's Park
Asking Price

$2,500,000

Traveller's Park

3251 N. State Street, Ukiah, CA 95482

Asset Type: Real Estate

Estate: Leasehold

Number of Floors: 1

Property Size: 10,000 SF

Property Type: Multifamily

Land Area: 2.13 Acres

Number of Units: 24

Traveller's Park

Cash cow! A unique income-producing asset on State Street that delivers a 7.37% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! This mixed-use multi-family offering combines 9 garden-level apartment units, one 2/1 house, 14 mobile home sites, and a standalone commercial building on a single 2.13-acre parcel with direct frontage on North State Street and Lake Mendocino Drive along with immediate proximity to Highway 101. The property's diversified rent roll spreads risk across apartments and mobile home space rent tenancy while offering value add potential with the commercial building. Its location places tenants within easy reach of Ukiah's core and regional traffic flow, supporting long-term occupancy and visibility. For an investor seeking stabilized cash flow with multiple income sources, this configuration offers both downside protection and room to add value!

Sale FAQs

Investment Sales Broker

Todd Schapmire

Todd Schapmire

W Commercial

CA License: 01414195

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXX

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