CBRE is pleased to present the exclusive listing of Sierra Sands Mobile Home Community, a 39-site manufactured housing community located in Ridgecrest, California. Offered at $950,000 ($24,358/site), Sierra Sands represents a compelling value-add acquisition opportunity for investors seeking a community with a clear path to stabilization and significant upside through lease-up of vacant sites. The park is currently 44% occupied with 11 park-owned units (2 of which are occupied). Utilities are city serviced and electric and gas are sub-metered. Tenants pay for all utilities including trash, which is a flat rate of $52.78/month/tenant. Current ownership has successfully completed a significant tenant remediation effort, clearing out a substantial number of delinquent residents and returning the park to a clean, stabilized operational footing. The hard work has been done — Sierra Sands is now primed for full lease-up, positioning a new owner to step in and execute on a straightforward value-add business plan with minimal legacy headaches. With 11 home-ready sites and 9 vacant POHs in needs of varying repairs, the community is poised for immediate occupancy increase upside with an operator who has the ability to purchase and set new homes efficiently to drive occupancy toward stabilization and achieve proforma cap rates beyond market levels.