510 Roberts Ln, Bakersfield, CA 93308
51 Unit Mobile Home Park | $2,350,000 ($46,078/Unit) | 5.65% Cap Rate | Bakersfield, CA 93308
For Sale
Active
Asking Price $2,350,000
- Property Type
-
Multifamily
- Square Feet
- 10,000 SF
Listing Contacts
Victor Martinez
Property Overview
Situated at 510 Roberts Ln, Bakersfield, CA, Orange Grove TP offers the perfect blend of convenience and tranquility. Nestled in the heart of Bakersfield, this vibrant community boasts easy access to urban amenities while providing a serene residential atmosphere.
Community Features:
51-Space Mobile Home Park: With a spacious layout spanning across 3.36 acres, Orange Grove TP offers ample room for residents to enjoy comfortable living spaces and serene surroundings.
All-Age Community: Catering to individuals and families of all ages, Orange Grove TP fosters a diverse and inclusive environment where everyone feels at home.
Utility Sub-Metering: Enhancing convenience and efficiency, the park sub-meters electricity, gas, and water charges, allowing for fair and transparent billing practices tailored to individual usage.
City Water and Sewer Services: Enjoy hassle-free living with access to reliable city water and sewer services, ensuring residents' comfort and convenience.
Flat-Rate Trash and Sewer Charges: Simplifying billing procedures, trash and sewer charges are billed back to tenants at a flat rate evenly divided among residents, promoting affordability and ease of management.
Investment Potential:
Orange Grove TP presents a lucrative investment opportunity with the following key highlights:
Stable Income Stream: Benefit from a steady income stream generated by rental payments from 51 mobile home spaces.
High Demand: With the growing demand for affordable housing options, Orange Grove TP offers an attractive investment prospect in a thriving real estate market.
Value-Add Opportunities: Explore various value-add strategies such as property enhancements, community amenities, or rent optimization to further maximize returns on investment.
Prime Location: Strategically located in Bakersfield, CA, Orange Grove TP enjoys proximity to employment centers, schools, shopping centers, and recreational facilities, appealing to a wide range of potential tenants.
Why Orange Grove TP?
Proven Track Record: With a history of successful operation and management, Orange Grove TP has established itself as a reliable and profitable investment opportunity.
Community Atmosphere: Foster a sense of community and belonging among residents, creating a welcoming environment that promotes long-term tenant satisfaction and retention.
Investment Support: Benefit from comprehensive investment support and guidance from experienced professionals dedicated to helping you achieve your financial goals.
Don't miss out on this exceptional opportunity to invest in Orange Grove TP and unlock the potential for lucrative returns in the dynamic Bakersfield real estate market. Contact us today to learn more and schedule a personalized tour of this remarkable mobile home park!
Community Features:
51-Space Mobile Home Park: With a spacious layout spanning across 3.36 acres, Orange Grove TP offers ample room for residents to enjoy comfortable living spaces and serene surroundings.
All-Age Community: Catering to individuals and families of all ages, Orange Grove TP fosters a diverse and inclusive environment where everyone feels at home.
Utility Sub-Metering: Enhancing convenience and efficiency, the park sub-meters electricity, gas, and water charges, allowing for fair and transparent billing practices tailored to individual usage.
City Water and Sewer Services: Enjoy hassle-free living with access to reliable city water and sewer services, ensuring residents' comfort and convenience.
Flat-Rate Trash and Sewer Charges: Simplifying billing procedures, trash and sewer charges are billed back to tenants at a flat rate evenly divided among residents, promoting affordability and ease of management.
Investment Potential:
Orange Grove TP presents a lucrative investment opportunity with the following key highlights:
Stable Income Stream: Benefit from a steady income stream generated by rental payments from 51 mobile home spaces.
High Demand: With the growing demand for affordable housing options, Orange Grove TP offers an attractive investment prospect in a thriving real estate market.
Value-Add Opportunities: Explore various value-add strategies such as property enhancements, community amenities, or rent optimization to further maximize returns on investment.
Prime Location: Strategically located in Bakersfield, CA, Orange Grove TP enjoys proximity to employment centers, schools, shopping centers, and recreational facilities, appealing to a wide range of potential tenants.
Why Orange Grove TP?
Proven Track Record: With a history of successful operation and management, Orange Grove TP has established itself as a reliable and profitable investment opportunity.
Community Atmosphere: Foster a sense of community and belonging among residents, creating a welcoming environment that promotes long-term tenant satisfaction and retention.
Investment Support: Benefit from comprehensive investment support and guidance from experienced professionals dedicated to helping you achieve your financial goals.
Don't miss out on this exceptional opportunity to invest in Orange Grove TP and unlock the potential for lucrative returns in the dynamic Bakersfield real estate market. Contact us today to learn more and schedule a personalized tour of this remarkable mobile home park!
Property Details
- Class
- C
- Year Built
- 1965
- Stories
- 1
- Property Subtype
- Manufactured Housing/Mobile Home
- Lot Size (sq. ft)
- 146,362 SF
- Units
- 51
Nearby Properties
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