11398 Bartlett Ave FOR SALE


Adelanto, CA
$1,400,000 USD
909-938-4767
, Adelanto, CA for Sale
$1,400,000 USD
FOR SALE
1/17
null | 6.63% Cap Rate

11398 Bartlett Ave
Adelanto, CA


HIGHLIGHTS

  • Easy Access to main Hwy 395
  • Some Renovated Units
  • Leases are all month to month
  • Below Market rent with room to Increase
  • Over 6% Cap Rate, ProForma over 8%
  • Septic system upgraded in 2024

OVERVIEW

Mobile Home Park Investment Opportunity – 11398 Bartlett Ave, Adelanto, CA Don’t miss this incredible investment opportunity! This 16-space mobile home park in Adelanto, CA, offers strong income potential with the capacity to add 3 to 4 more units for additional revenue. All mobile home trailers are included in the sale, with 3 units already remodeled and move-in ready for new tenants. Key property highlights: Turnkey Investment – 15 existing spaces with room for expansion Upgraded Septic System – Recently improved within the last year Retail Income Bonus – Includes a profitable bakery tenant in the on-site commercial space Strong Cash Flow – Current 6.19% cap rate with vacancies, projected 8%+ pro forma cap rate once fully occupied Flexible Leasing – All leases are month-to-month, allowing for rent increases and maximized profitability With value-add potential and an attractive cap rate, this mobile home park is ideal for investors looking to enhance cash flow and long-term appreciation. Seize this rare opportunity today!

ASK ABOUT THIS PROPERTY

Kris GunewardenaReal CommercialMore Info
909-938-4767

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Kris GunewardenaReal CommercialMore Info
909-938-4767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.