8200 Cherry Ave - Manufactured Housing/Mobile Housing FOR SALE


Fontana, CA 92335
$5,500,000 USD
949-996-7679
8200 Cherry Ave, Fontana, CA for Sale
$5,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 5.49% Cap Rate

8200 Cherry Ave
Fontana, CA 92335


HIGHLIGHTS

  • No rent control — Unincorporated county, no MHP cap, AB 1482-exempt.
  • In-place income, Day 1 — $301,704 NOI, 5.49% cap, 100% occupied on T-12 actuals.
  • 100% tenant-owned homes — Pure lot-rent; no home CapEx, R&M, or financing exposure.
  • Supply-constrained Inland Empire — I-10 corridor, major employers, no new MHP supply.

OVERVIEW

Mobile Hacienda Park is a 51-site, all-age manufactured housing community located in Fontana, California, within the heart of the Inland Empire. Situated on approximately 4.55 acres, the property is 100% occupied and operates as a fully tenant-owned home (TOH) community, providing stable cash flow with limited management responsibilities and no exposure to park-owned home capital expenditures. The property currently generates approximately $301,704 in net operating income, representing a 5.49% capitalization rate, with a projected NOI of approximately $337,090 through achievable rent growth and operational efficiencies. Current site rents average approximately $851 per month and remain below market relative to surrounding affordable housing alternatives. Residents are responsible for electric, trash, and submetered water and sewer expenses, creating a favorable expense structure for ownership. The asset benefits from strong occupancy, predictable income, and long-term demand drivers supported by the Inland Empire's continued population growth, employment expansion, and limited supply of affordable housing options. Strategically positioned with convenient access to Interstate 10 and major regional employers including Amazon, UPS, Target, and Kaiser Permanente, Mobile Hacienda Park offers investors a stabilized, low-maintenance manufactured housing asset with immediate cash flow and measurable upside potential. Investment Highlights • 51-site all-age manufactured housing community • 100% occupied with no lease-up risk • 100% tenant-owned home (TOH) community • Current NOI: $301,704 (5.49% cap rate) • Projected NOI: $337,090 (6.13% cap rate) • Average site rent approximately $851/month • Below-market rents provide organic revenue growth potential • Tenants reimburse electric, trash, and submetered water/sewer expenses • Approximately 4.55-acre site in the Inland Empire • Convenient access to Interstate 10 and major employment centers • Strong demographic and housing demand fundamentals in Fontana market • Low-maintenance investment with limited CapEx requirements

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$26 USD /SF

# OF UNITS

51

PRICE/UNIT

$107,843

CAP RATE

5.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hacienda Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.78 AC

LAND SF

208,221 SF

ZONING

RM

APN/PARCEL ID

0230-051-10

ASK ABOUT THIS PROPERTY

Thomas BeniamenCommercial Real Estate Investors IncMore Info
949-996-7679

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Thomas BeniamenCommercial Real Estate Investors IncMore Info
949-996-7679

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