11949-11951 Magnolia St - Manufactured Housing/Mobile Housing FOR SALE


El Monte, CA 91732- Mountain View
$4,588,000 USD
626-695-6776
11949-11951 Magnolia St, El Monte, CA for Sale
$4,588,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 7.63% Cap Rate

11949-11951 Magnolia St
El Monte, CA 91732
Mountain View


HIGHLIGHTS

  • Current Cap Rate of 7.63% & 7.35% Cash on Cash Return
  • Excellent San Gabriel Valley Rental Location
  • Sub-Metered for Electricity
  • All Trailers Are Park-Owned
  • Population of 492,012 Within a Five Mile Radius of Property
  • Average Household Income of $102,148 Within a Five Mile Radius of Property

OVERVIEW

*Current Cap Rate of 7.63% & 7.35% Cash on Cash Return *Sub-Metered for Electricity.

FOR SALE DETAILS

PRICE

$4,588,000 USD

PRICE/SF

$9,176 USD /SF

# OF UNITS

1

PRICE/UNIT

$4,588,000

CAP RATE

7.63%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Trailer Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

R3 - Medium Density Multi

APN/PARCEL ID

8106-001-007

ASK ABOUT THIS PROPERTY

Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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