Grass Valley Homes with 5 or More Units Property Subtype

Welcome to Grass Valley, California – a charming town nestled in the heart of Nevada County, renowned for its rich Gold Rush history and vibrant arts scene. With its picturesque landscapes, friendly community, and an abundance of outdoor activities, Grass Valley offers an idyllic lifestyle for residents and visitors alike. The town’s historic downtown is brimming with quaint shops, delightful eateries, and cultural attractions, making it a perfect blend of small-town charm and modern conveniences.

For investors and those seeking a unique residential opportunity, Grass Valley boasts a diverse selection of homes, including properties with five or more units. These multi-family homes provide an exceptional investment potential, catering to a growing demand for rental properties in this thriving community. With the area's beautiful scenery and a plethora of recreational options—from hiking and biking in the nearby Sierra Nevada foothills to enjoying local festivals and farmers' markets—these properties are not just a smart investment; they are a gateway to a vibrant lifestyle.

Grass Valley’s strong sense of community and commitment to preserving its historical roots make it an attractive destination for families, retirees, and young professionals. Whether you’re looking to invest in a multi-family dwelling or seeking a place to call home, Grass Valley offers a unique blend of opportunity and charm. Discover the possibilities that await you in this enchanting town, where every day feels like a step back in time, yet embraces the promise of tomorrow. Your dream property is waiting in Grass Valley!

Newest Grass Valley Homes with 5 or More Units Property Subtype

$2,750,000

225125423 MLS

Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 83% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.

10530 Walker, Grass Valley

Listing courtesy of Two Feathers Realty.

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