The requested property is removed. Here are active Mobile Home Parks for Sale in Los Angeles, California

Hidden Valley Mobile Home Park 6355 Lincoln Boulevard, Oroville, CA 95966

Expired   Price Reduced  

Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 5.8% (Pro Forma)
  • Listing ID: 1726749
  • Posted On: Aug 3, 2022
  • Updated On: Nov 22, 2022

Description

This is a 40 unit, family park with tremendous upside !
Total three lots, 1 lot 4.15 acre 40 units. 1 lot 2bd/1ba house. 1 lot 6.5 acre vacant land zoned for expansion or other up to 14 units per acre.( approx. 3.5-4 acres usable)
good cash flow. Lot rent will increase to $495 on Nov 1st
Owner retiring

Amenities

  • Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Get Financing

Park Information

Community Type: All Age
Number of MH Lots: 40
Total Occupancy: 92.5 %
Year Built: 1962
Average MH Lot Rent: $475
Size: 12 acre(s)

Financial Information (Pro Forma)

Gross Income: $230,833
Operating Expense: $100,533
Net Operating Income: $130,300
Expense Ratio: 43.6 %
Debt Info: Existing Loan

Lot Information

Singlewide Lots: 39
Doublewide Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $475

Similar Mobile Home Parks for Sale