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Listed by: Douglas McCauley (909) 456-3493 , David Covarrubias DRE #01941403 | MARCUS & MILLICHAP (909) 456-3400
$5,750,000
8 Beds
- 7 Baths
--sqft
24833 Railroad, Newhall, CA 91321
$5,750,000
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Apartment
Built in 1923
$-- HOA
1.99 acres lot
--/sqft
Description
***Please Call or Text for an Offering Memorandum***
Pleased to exclusively present the opportunity to acquire Serenity Acres Mobile Home Park located at 24833 Railroad Avenue Santa Clarita, 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 7.27% cap rate & 7.66% current cash on cash return. The residents are...
Property Details
Status
Active
Type
Multi Family
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
CV26037020
MLS Status
Active
Days on Market
143
Cumulative Days on Market
124
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