39375-39377 Old Hwy 80 - Manufactured Housing/Mobile Housing FOR SALE


Boulevard, CA 91905
$4,950,000 USD
619-887-5270
39375-39377 Old Hwy 80, Boulevard, CA for Sale
$4,950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/47
null | Request Cap Rate

39375-39377 Old Hwy 80
Boulevard, CA 91905


HIGHLIGHTS

  • Mobile Home and RV zoning
  • Vacant useable extra parcel
  • New water storage tanks and water filtration system
  • Minuets from Golden Acorn Casino
  • Walk to convenience store
  • High occupancy historically

OVERVIEW

Investment Highlights Expansion Potential: The park is distributed across 3 parcels totaling 3.53 acres (153,767 SF). The main park resides on a 1.63-acre parcel, while the remaining 0.73-acre and 1.18-acre parcels are currently utilized for RV storage and offer the potential to double the size of the park. Strong Occupancy: The park maintains a stable ~92% occupancy rate with a strong base of long-term tenants. Target Demographics: The community operates as a stable, 55+ senior market segment. Property & Utility Infrastructure Site Layout: Features 22 total spaces, including two owner owned units (a 1,400 sq. ft. unit and a Park Model). Utilities: The site is equipped with 30/50 amp electrical service, 2 functional wells, 2 septic systems, and propane service for both mobile homes and RV rentals.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$4,541 USD /SF

# OF UNITS

20

PRICE/UNIT

$247,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Land East Resort

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

C40 and RMH

APN/PARCEL ID

612-040-15,612-040-16,612-040-33

ASK ABOUT THIS PROPERTY

Jeffrey DaviesColdwell Banker Commercial WestMore Info
619-887-5270

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Jeffrey DaviesColdwell Banker Commercial WestMore Info
619-887-5270

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