Updated Oct 28, 2024
Dan Fischer's Fischer Foundation Sells Manufactured Housing In Oroville For $15M
2921 Wyandotte Avenue
$15,000,000
Units
128
Asset Type
Manufactured Home
Closing
Sep 28, 2022
About this deal
AI
The property at 2921 Wyandotte Avenue in Oroville, CA has been sold in a closed transaction. The asset involved in the sale is a Manufactured Housing property comprised of 128 units. The sale price for the property was $15,000,000, resulting in a per unit price of $117,188.
Summary of transation details
- Property Type: Manufactured Housing
- Transaction Amount: $15,000,000
- Address: 2921 Wyandotte Avenue
- Market: Oroville, CA
The seller of the property was Dan Fischer, representing the Fischer Foundation. The brokers involved in the transaction were Jeff Benson and Sam Neumark from Northmarq.
Players
Oroville Manufactured Home Market Snapshot
Boundary boundary · Manufactured Home · Sale transactions
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Deal FAQ
About $117.2K per unit across 128 units on a published $15M (2022).
Visit Sam Neumark to view all their deals.
Browse Oroville manufactured home sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93