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Listed by: Douglas McCauley (909) 456-3493 , David Covarrubias DRE #01941403 | MARCUS & MILLICHAP (909) 456-3400
$6,050,000
11 Beds
- 8 Baths
8 full baths
--sqft
24833 Railroad, Newhall, CA 91321
$6,050,000
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Manufactured In Park
Built in 1923
$-- HOA
1.99 acres lot
--/sqft
Description
Pleased to exclusively present the opportunity to acquire Serenity Acres Mobile Home Park located at 24833 Railroad Avenue Newhall, CA. The mobile home park is an all-age community and sits on a 1.99 acre parcel. The property consists of 28 mobile home sites (8 tenant-owned homes and 20 park-owned homes) and 6 single-story apartments consisting of one - studio/one bathroom unit, two - one bedroom/one bathroom units, one - two bedroom/one bathroom unit and two - three bedroom/two bathroom units. This diversified income stream provides a current 6.78% cap rate. The residents are directly-billed for gas and electricity and the water and trash is paid by the owner. The park i...
Continue ReadingProperty Details
Status
Active
Type
Manufactured Mobile Home
No. of Stories
1
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
- sqft
Lot Size
1.99 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26016949
MLS Status
Active
Days on Market
8
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