Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.3%
  • Listing ID: 4105103
  • Posted On: Dec 1, 2023
  • Updated On: Jul 3, 2024


Elms MHP is 48 Spaces on 2.4 Acres
Infastructure and common areas have been upgraded:
-New Plumbing and City Water Connection
-New Laundry Room
-New Fencing Throughout [$50K)
-New Block Wall


Indio, CA is located on the I-10 freeway that connects California to the rest of the Country. Major trucking transportation and a large farming community have long been established and Indio is also the location of the famous Coachella Music Festival.


  • Laundromat
  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 48
Total Occupancy: 100.0 %
Average MH Lot Rent: $513
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $357,336
Operating Expense: $136,426
Net Operating Income: $220,910
Expense Ratio: 38.2 %

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

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