32303 E Trimmer Springs Rd - Manufactured Housing/Mobile Housing FOR SALE


Sanger, CA 93657- Eastern Fresno
$1,995,000 USD
279-399-4455
32303 E Trimmer Springs Rd, Sanger, CA for Sale
$1,995,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | 8.57% Cap Rate

32303 E Trimmer Springs Rd
Sanger, CA 93657
Eastern Fresno


HIGHLIGHTS

  • Seller Financing Available
  • Upside in rents, haven't been raised in 5+ years
  • Store has not been operated
  • Lake Rentals, boats, kayaks, fishing equipment etc.
  • Optimizing management and marketing to capitalize during peak season

OVERVIEW

Driftwood MHP is a stabilized, high-demand lakefront community on Pine Flat Lake, supported by long-term tenancy and historically strong occupancy. The property offers immediate revenue upside through the first rent increase in 5+ years and the potential to reopen the on-site store for groceries, supplies, and recreational rentals. Private well and septic systems help maintain low operating expenses. With a proforma 8.72% cap rate, clear value-add opportunities, and seller financing available, Driftwood MHP presents an attractive acquisition of a rare waterfront asset with strong fundamentals and multiple growth drivers.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$3,990 USD /SF

# OF UNITS

41

PRICE/UNIT

$48,659

CAP RATE

8.57%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Driftwood Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.66 AC

LAND SF

202,990 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nolan RockwellCommercial Real Estate Investors IncMore Info
279-399-4455

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Nolan RockwellCommercial Real Estate Investors IncMore Info
279-399-4455

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