Entrance to Boulevard Pines MHP

Quiet Senior Park with nice homes

Paved roads through most of park

Sparkling swimming pool beckons

Clubhouse w/pool table, TV & more

Generous Long-term RV spaces

Approx 1.5 acres for expansion or development

Aerial Photo of Boulevard Pines

Look for this sign. New sign on the way

Mobile Home Park Details

Purchase Method: Cash, Seller Financing, New Loan
Cap Rate: 6.1%
Listing ID: 917541
Posted On: Apr 9, 2018
Updated On: Nov 13, 2018

Description

RARE FIND: Southern California Senior Mobile Home Park for sale. Possible SELLER FINANCING. Gorgeous 20-space MH & RV Park in San Diego County, just minutes from El Cajon. Stays full or nearly full. Very clean, quiet, well-run park with good tenants, and excellent Onsite Manager in place who wants to stay. Offsite Management services also available. Swimming Pool, Clubhouse, Paved Streets (some areas are not paved), generous spaces, shady trees, nice setting. There is a 1.5-acre +/- piece of vacant land attached to the park (part of the 3.52 acres) this has road frontage & is zoned for commercial. Owner says a retail store, self-storage, RV storage, would work. It was formerly approved for another 15 spaces. Call for details. Seller will consider financing the park for a qualified buyer with $599K cash down. The park is currently 100% occupied. 6.1% Cap Rate based on actual numbers.

Location

Seller just changed the name of the park, so the sign out front says High Land East. A new sign is coming soon, with the new name of the park: "Boulevard Pines MH & RV Park". DIRECTIONS: Highway 8 to Jewel Valley Rd exit, South; turn right on Old Highway 80; the Property is 1/4-mile up on the left. PLEASE DO NOT DISTURB MANAGER OR TENANTS. Call Lister to arrange a tour of the park.