Hornbrook, CA 96044-8038
$575,000
Opportunity Awaits! Beautiful tree'd park w/substantial acreage available for future expansion, this property offers both immediate returns and long-term growth potential for investors seeking a quality mix of manufactured or spaces for personal RV's paying park rent! This well-maintained 25-space mobile home park presents an outstanding investment opportunity with strong current cash flow and significant upside potential. The property includes 5 park-owned homes, multiple park-owned storage buildings, and a newly installed septic system, reducing future capital expenditure concerns. Conveniently located just off the interstate, the park offers easy access while maintaining a quiet, clean, and attractive park setting. The tenant base is stable and reliable, with long-term residents who consistently pay on time and take pride in maintaining their homes and spaces. Additional value-add opportunities include several vacant spaces ready for immediate occupancy and income generation, as well as a manager residence/office currently under partial remodel great potential for. The property features beautiful surrounding views, a community garden, and a dog park that enhance resident appeal.
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Listed by Elite Real Estate Group