401 Sterling rd - Manufactured Housing/Mobile Housing FOR SALE


Pearsonville, CA 93527
$129,000 USD
424-262-0392
401 Sterling rd, Pearsonville, CA for Sale
$129,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | Request Cap Rate

401 Sterling rd
Pearsonville, CA 93527


HIGHLIGHTS

  • 9.58-acre mobile home park, ready for redevelopment (grants available), with income-producing dual-panel billboard
  • Utilities (electric, water, sewer & gas) previously on site, some utilities, electric/gas meters, and underground lines remain.
  • Value-add opportunity: ideal location for an electric vehicle charging center to increase cash flow

OVERVIEW

9.58-Acre redevelopment opportunity with existing cash flow! Here's a great project with a lot of upside potential. Priced to sell! This offering is for a vacant trailer park (10-space) with cash flowing dual-panel billboard. This was a previously operational 10-unit mobile home park (last operated circa 2017), but was left vacant after the previous owner passed away. The park had water, sewer, electricity, and gas. Some of the utility infrastructure remains in place, but needs to be restored. The park has nearby amenities (fuel/groceries) ½ mile away and is located about 20 to 30 minutes from Ridgecrest / China Lake. The dual-panel billboard generates about $1,000 passive income each year and is fully managed and maintained by Sun Advertising LLC. This property may qualify for federal and state grants for redevelopment (https://www.hcd.ca.gov/grants-and-funding). Value-add opportunity: This is an ideal location for an EV Charging Station with additional grants available (https://afdc.energy.gov/laws/12744).

FOR SALE DETAILS

PRICE

$129,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

10

PRICE/UNIT

$12,900

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Trailer Park w/Billboard Income

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.58 AC

LAND SF

417,305 SF

ZONING

R3 5.0-MH

APN/PARCEL ID

037-190-01

ASK ABOUT THIS PROPERTY

James FrakesUSLiberty CorpMore Info
424-262-0392

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James FrakesUSLiberty CorpMore Info
424-262-0392

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