Shady Glen Estates

Colfax, CA
Sold
10,200,000
10,200,000
Shady Glen Estates, Colfax, CA
Units
117
Year Built
1966 & 1980
Acres
28.82

About the property

CRI Real Estate (Dylan Brazil), in conjunction with eXp Realty (Amir Cackovic), successfully sold Shady Glen Estates, a 117-site senior mobile home community located in Colfax, CA.

The property was operating on a private WWTP system, with planned transition to city utilities, presenting a clear path for future infrastructure improvement and long-term value creation. The property also includes 16 storage sites, an office building, and a maintenance shop, complemented by recently remodeled amenities such as a clubhouse and laundry facility. 

CRI successfully executed this transaction, delivering a strong outcome for both buyer and seller.

Investment Highlights

  • Stable in-place income
  • 117 sites on 28.82 acres
  • Transitioning to city water with future city sewer connection
  • Remodeled Amenities Clubhouse, laundry facility, & office
  • Includes RV storage & commercial office
  • Stable Ground Lease
  • Rent growth potential
  • Efficient utility structure
  • Strong market fundamentals
  • Value-add opportunities
  • Expansion or infill potential
  • High demand asset class
  • Limited local competition
  • Resilient cash flow profile
  • Expense optimization potential
  • Stable tenant base
  • Flexible hold strategy
  • Favorable demographics
  • NOI growth opportunities
  • Defensive market performance
  • Long-term income stability
Units
117
Year Built
1966 & 1980
Acres
28.82

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Dylan Brazil
Dylan Brazil
President Of Investments
[email protected]949-996-7077

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