32767 Corydon St, Lake Elsinore, CA 92530

71 Unit Mobile Home Park | $31,630,500 ($445,500/Unit) | 4.95% Cap Rate | Lake Elsinore, CA 92530

For Sale

Active

4 pictures

Asking Price $31,630,500

Property Type: Multifamily
Square Feet: 100,000 SF

Listing Contacts

Kris McGee

Jason Graham

Property Overview

Bahia Village is a New Construction 71 Unit Detached Multi-Family BTR Community. Construction is set to begin in Summer 2024 with the delivery of the community expected in 1st Quarter of 2025.
Also offering packages of 10 homes at $4,455,000

Bahia Villages is a gated luxury communities for 55+. Each village consists of 2 bedroom, 2 bath single story homes ideal for outdoor living year round and features the following amenities:
Detached 1 & 2 bedroom homes w/ 2-car detached garage
Private Clubhouse for Residents
Picnic area with BBQ’s and fire pits
Walking / jogging trails
Homes powered with Tesla Power Wall & Solar features
Swimming pool and spa
Pet-friendly community, to include a gated dog park
Resort-style landscaping and gardens

There will be a total of 10 of these communities, each consisting of 100 units. Each community will be strategically built nearby one of our 35 “MegaFactory” locations. In total, we are building 1,000 units near each factory for a total of 35,000 units in 350 communities throughout North America. The first Bahia Villages communities are located in California.
The first community in Lake Elsinore, CA is a 71-unit design and offers a 2 bedroom 2 bath low maintenance ~1,000 sf sustainable energy home with a 2-car garage and Tesla Powerwall.

Property Details

Class: B
Year Built: 2024
Stories: 1
Property Subtype: Manufactured Housing/Mobile Home
Lot Size (sq. ft): 435,600 SF
Units: 71

Highlights

71 Unit Build To Rent Gated Modular Home Community
Private Clubhouse, Pool and Spa
Tesla Power Walls No Electric Bills for Tenants
Picnic Area with BBQ’s and Fire Pits
Walking/Jogging Trails Pet Friendly with Gated Dog Park
Packages of 10 Homes Also Available For $4,455,000

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