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Address is 39375 Old Highway 80 Boulevard, CA 91905

Andrew Tallone

RLM Mobile Home Park Consulting

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Boulevard Pines Mobile Home & RV Park

Multi Family Housing for Sale in Boulevard, California

39375 Old Highway 80
Boulevard, CA 91905

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Sale Price: $1,599,000

Contact Information

Andrew Tallone
RLM Mobile Home Park Consulting

Mobile Home Park for Sale

Number of MH Lots: 10
Size: 3.5 acre(s)
Cap Rate: 6.1%
Purchase Method: Cash, Seller Financing, New Loan
Status: Active
Property ID: 917541
Posted on: Apr 09, 2018
Updated on: Jun 21, 2018
Price: $1,599,000

Property 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 Description

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.

Park Information

Number of MH Lots:10
Total Occupancy:100.0%
Year Built:0
Average MH Lot Rent: $10
Size:3.5 acre(s)

Lot Information

Singlewide Lots:10

RV Information

Number of RV Lots:10
Average RV Lot Rent: $425

Utility Information


Park-Owned Homes

Number of Park-owned Homes:4
Average Rent for Park-owned Homes: $850

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Storage: Yes