45131 28th St E - Manufactured Housing/Mobile Housing FOR SALE


Lancaster, CA 93535
$2,375,000 USD
626-664-1341
45131 28th St E, Lancaster, CA for Sale
$2,375,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/12
null | 5.5% Cap Rate

45131 28th St E
Lancaster, CA 93535


HIGHLIGHTS

  • Construction Year: 1957
  • Occupancy: High Occupancy
  • Community Type: All-Age Community
  • Land Area: 2.51 Acres
  • Location: Lancaster, CA

OVERVIEW

Sunrise Estates is a well-maintained manufactured housing community consisting of 30 spaces located in Lancaster, California. Situated on approximately 2.51 acres, the property is an all-age community that maintains strong occupancy and provides residents with an affordable housing option in the growing Antelope Valley market. Its convenient location offers access to major transportation corridors, employment centers, schools, shopping, and recreational amenities, enhancing the property's long-term appeal. Fully serviced by city utilities, Sunrise Estates benefits from reliable infrastructure and efficient operations. The community attracts a diverse resident base, contributing to stable occupancy and consistent cash flow. Lancaster continues to experience population growth and economic expansion driven by aerospace, healthcare, education, logistics, and government employment sectors, supporting ongoing demand for affordable housing. As one of the region's established manufactured housing communities, Sunrise Estates presents investors with a compelling opportunity to acquire a stabilized asset in a supply-constrained sector. The property's strong occupancy, competitive rental rates, and favorable market fundamentals position it for continued income stability and future growth potential.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$3,393 USD /SF

# OF UNITS

30

PRICE/UNIT

$79,167

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunrise Estates Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,767 SF

ZONING

LRD21

APN/PARCEL ID

3150-017-007

ASK ABOUT THIS PROPERTY

Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

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Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

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