3147 W Olive Ave - Manufactured Housing/Mobile Housing FOR SALE


Fresno, CA 93722- West Fresno
$4,800,000 USD
559-283-9850
3147 W Olive Ave, Fresno, CA for Sale
$4,800,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/5
null | 4.17% Cap Rate

3147 W Olive Ave
Fresno, CA 93722
West Fresno


OVERVIEW

Welcome to this well-maintained mobile home park located on 3147 W. Olive Avenue, offering both stability and growth potential for savvy investors. Situated on a spacious lot with easy road access, this property provides a mix of long-term and short-term residents in a clean, organized setting. Key Features: Solar Panels: Substantial cost savings on electricity with solar infrastructure already in place. Community Pool & Recreation Area: Residents enjoy a refreshing pool and a dedicated community space perfect for gatherings, relaxation, and fostering a neighborhood feel. Ample Parking: Wide paved drives accommodate multiple vehicles, RVs, and trailers with ease. Multiple Units: The park includes a diverse range of mobile homes and RV setups, offering flexibility for tenants and steady rental income for owners. Utility Structures: Onsite utility sheds and power hookups for convenience and maintenance efficiency. Landscaping & Shade Trees: Mature trees provide shade and greenery, enhancing the comfort and appeal of the community. Prime Location: Just minutes from shopping, dining, schools, and a nearby recreational lake, offering residents both convenience and lifestyle perks. With its income-producing, energy efficiency, and attractive amenities, this property is an ideal opportunity for investors looking to expand their portfolio with a reliable and community-oriented asset. ?? Don’t miss out on this unique chance to own a once in a lifetime investment opportunity. Contact us today for a private showing and financial details!

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$1,371 USD /SF

# OF UNITS

65

PRICE/UNIT

$73,846

CAP RATE

4.17%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Horizons Mobile and RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

30

LAND DETAILS

LAND ACRES

9.91 AC

LAND SF

431,680 SF

ZONING

TP, Fresno

APN/PARCEL ID

449-090-39,449-090-40

ASK ABOUT THIS PROPERTY

Amanda SantanaRealty UnlimitedMore Info
559-283-9850

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Amanda SantanaRealty UnlimitedMore Info
559-283-9850

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