Contact Information
Mobile Home Park Details
- Price: $2,600,000
- Purchase Method: Cash, New Loan
- Listing ID: 2027453
- Posted On: Jan 27, 2023
- Updated On: Sep 12, 2023
Description
Turnkey opportunity with market rental rate and value upside.
This community presents an opportunity to purchase a cash-flowing property on city services catering to the Santa Clarita/Canyon Country region of Los Angeles. Ideally located along the main thoroughfares of Sierra Highway and Sand Canyon Road to the Antelope Valley (14) Freeway situated next to Mint Canyon Middle School, this ‘all-age’ community maintains full occupancy consisting of 100% resident-owned homes. With current rents well below market at +/- $618, there is a significant opportunity to increase revenue through increased rates or on turnover. Serviced by city water and city sewer the community currently pays for trash with other services sub-metered for use to residents.
Approximately 10 miles from I-5, I-210 & US-14 junction in Santa Clarita, a high-income and fast-growing community of North Los Angeles County, the subject property provides a more affordable housing option and convenient access to this region of the Northern Los Angeles County area.
EXCLUSIVELY LISTED OFFERING - PLEASE CONTACT LISTING BROKERS FOR INFORMATION. ALL VISITS MUST BE PRE-APPROVED BY LISTING BROKERS. PLEASE DO NOT DISTURB OR CALL PROPERTY, MANAGEMENT OR OWNERSHIP.
Location
Exclusive Listing Agents:
Norman Sangalang
1 (619) 944 6676
norm.sangalang@cbre.com
Jez Lawson
1 (805) 286 7733
jez.lawson@cbre.com
Park Information
Community Type: | All Age |
Number of MH Lots: | 28 |
Total Occupancy: | 100.0 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |