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38525 90th Street Palmdale, CA 93591
14,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $76
MLS Listing ID CRIN25027762
HOA Y/N No
Lot Size 2.310 Acres
Acres 2.31
Property Sub-Type Comm Ind For Sale
Property Description
Presenting an exciting and rare opportunity to own an already established Mobile Home Park known as the "The Villagers Mobile Home Park" in the city of Palmdale. This "bulk sale" opportunity includes 15 mobile homes (8 privately owned + 7 park owned) on 1.25 acres plus the adjacent/separate back lot (parcel apn #3027-010-033) which adds another 1.06 acres which can possibly accommodate another 20 mobile homes with permits from the city but will need to be verified by buyer through the appropriate agencies. This park has plenty of upside potential with some infrastructure improvements, upgrading of park owned units, adding of more units to adjoining lot, create a new park on the back lot for RV short stays or re-zoning of the entire back lot if allowed by the city. Current rents offer a CAP rate of 10.75%. Don't miss out on your chance to own 15 doors that are generating immediate income for much less than a 15 unit apartment building.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
Total Parking Spaces 20
Building
New Construction No
Others
Tax ID 3027010013
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Listed by EUGENE CAMERON • Amberwood Real Estate