Contact Information
Mobile Home Park Details
- Price: Call for Price
- Listing ID: 4314230
- Posted On: Jan 22, 2024
- Updated On: Jan 29, 2024
Description
This community features an excellent occupancy history in a consistent MHC Southern California submarket. The 108-site (96 MH, 12 RV) community is +/- 99% occupied, with the current average space rent currently at $518. The community is on city water and sewer with water sub-metered and sewer at $31.01 per month. Electric and gas is provided through SoCal Edison and SoCal Gas which are both sub-metered. Trash is billed to the tenants on a flat rate basis of $35.00.
There is an upside opportunity of implementing solar to the electrical system to increase revenue. Permits have already been purchased and the vendor is estimating an 11.4% cash purchase return on investment. The community features amenities such as a clubhouse, laundry building, leasing office, pool, and a playground. There is a parking lot at the entrance of the community for guests while residents enjoy ample parking from two to four spaces per site.
Located in Lancaster, CA, the community is situated in the high desert region of Southern California, known for its clear skies and wide-open spaces. The city’s strategic location offers easy access to major highways and transportation hubs.
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
Norman Sangalang
(619) 944 6676
norman.sangalang@cbre.com
Jez Lawson
(805) 286 7733
jez.lawson@cbre.com
Park Information
Community Type: | All Age |
Number of MH Lots: | 96 |
Total Occupancy: | 99.0 % |
Size: | 9 acre(s) |
RV Information
Number of RV Lots: | 12 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |