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 | 6.35% Cap Rate

8200 Cherry Ave
Fontana, CA 92335


HIGHLIGHTS

  • No rent control — Unincorporated county, no MHP cap, AB 1482-exempt.
  • Current 6.35% cap rate on in-place NOI of $349,134
  • 100% tenant-owned homes — Pure lot-rent; no home CapEx, R&M, or financing exposure.
  • ±4.55 acres on Cherry Ave in Fontana's I-10 corridor, surrounded by new development

OVERVIEW

Mobile Hacienda Park at 8200 Cherry Ave, Fontana, CA 92335 is a 100% occupied, all-age manufactured housing community in the highly supply-constrained Inland Empire — 50 mobile home spaces plus a manager's single-family residence on ±4.55 acres along the Cherry Avenue/I-10 corridor, with convenient access to I-10, I-210, I-15, and major employers including Amazon, Target, UPS, and Kaiser Permanente. New park supply in Southern California is effectively zero, making existing communities functionally irreplaceable. All homes are tenant-owned: residents maintain their homes while the park collects lot rent — structurally lower expenses, capital requirements, and turnover than conventional multifamily, with long resident tenure and stable collections across cycles. Amenities include a pool, laundry facilities, paved interior streets, and mature trees. This fee-simple asset delivers immediate cash flow: in-place NOI of $349,134 (6.35% cap) with pro forma NOI of $370,280 (6.73% cap). Lot rents average $851 per month — below submarket levels — with yield growth through organic rent increases alone, no capital program required. Potential density expansion to as many as 90 spaces (buyer to verify) offers additional upside. Continued employment growth in the corridor and a persistent shortage of attainable housing underpin durable demand in one of Southern California's most resilient affordable housing sectors.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$26 USD /SF

# OF UNITS

51

PRICE/UNIT

$107,843

CAP RATE

6.35%

% 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.