facebook
Traded Co logo
Submit

Dan Fischer's Fischer Foundation Sells Manufactured Housing In Oroville For $15M

Property Image
SOLD
$15,000,000

California

See Similar Deals
Manufactured Home
Sold 09/28/2022
the dealplayerscompscontact
Property Image
SOLD

Dan Fischer's Fischer Foundation Sells Manufactured Housing In Oroville For $15M

2921 Wyandotte Avenue

See Similar Deals
Manufactured Home
Sold 09/28/2022
Contact now

Summary

CALIFORNIA
Asset Type:Manufactured Home
Transaction Type:Sale

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

Jeff Benson
19 deals$381.6M volume
BROKER

Sam Neumark
NorthMarq
14 deals$327.4M volume
BROKER

Details

SOLD
IMAGE: Jeff Benson & Sam Neumark DATE: 09/28/2022 ADDRESS: 2921 Wyandotte Avenue MARKET: Oroville, CA ASSET TYPE: Manufactured Housing SELLER: Dan Fischer - Fischer Foundation BROKERS: Jeff Benson & Sam Neumark (@SNeumark1231) - Northmarq SALE PRICE: $15,000,000 UNITS: 128 ~ PPU: $117,188

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83