Contact Information
Mobile Home Park Details
- Price: $750,000
- Purchase Method: Cash, New Loan
- Cap Rate: 9.9%
- Listing ID: 4105112
- Posted On: Dec 1, 2023
- Updated On: Mar 8, 2024
Description
Del Yermo RVP is 46 Spaces on 1.58 Acres
The park is run more like a mobile home park with the tenant base being permanent tenants and not transient while the open spaces do get some daily and weekly RVers
Common area shaded picnic area has been added
A 5000 SF building located on that property could be used to generate additional income
There is a nicely remodeled mobile home that the oniste manager lives in that is on a separate parcel but included in the sale.
Location
Calipatria is the home of the New Atlas Lithium Project that will procure lithium for electric vehicles like Tesla.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 46 |
| Total Occupancy: | 63.0 % |
| Year Built: | 1959 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $167,198 |
| Operating Expense: | $93,201 |
| Net Operating Income: | $73,997 |
| Expense Ratio: | 55.7 % |
RV Information
| Number of RV Lots: | 45 |
| Average RV Lot Rent: | $465 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Download Documents
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