Del Sur Gardens RV Park
33 Unit Mobile Home Park | $790,000 ($23,939/Unit) | Lancaster, CA 93536
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $790,000
- Property Type
-
Multifamily
- Square Feet
- 3,443 SF
Listing Contacts
Jez Lawson
Verified Profile
Norman Sangalang
Verified Profile
- Property Info
Property Overview
Excellent opportunity to acquire a park with multiple angles of upside near major Southern California metros.
Del Sur Gardens offers a value-add RV park in a historically strong MH/RV submarket. The park has opportunity for income growth as it is currently ± 80% occupied with mostly extended stay residents. There is also a value-add component in potentially converting utilities over to city services for better operating efficiency. The current average rate at the park equates to
$442/month while incoming tenants pay a rate of $530/month. Amenities at the +/- 4.1-acre park include a clubhouse, on-site laundry, showers, BBQ pits, and a large park area.
Lancaster, CA is located just north of Los Angeles, it offers a quieter and more affordable alternative but is still a part of the County. It boasts mature infrastructure with convenient access to major employment nodes, attracting Fortune 500 companies and development opportunities. Additionally, Lancaster enjoys proximity to stunning natural landscapes, providing easy access to outdoor recreation and adventure.
Please do not visit or contact anyone in the community without approval from the listing agents.
Del Sur Gardens offers a value-add RV park in a historically strong MH/RV submarket. The park has opportunity for income growth as it is currently ± 80% occupied with mostly extended stay residents. There is also a value-add component in potentially converting utilities over to city services for better operating efficiency. The current average rate at the park equates to
$442/month while incoming tenants pay a rate of $530/month. Amenities at the +/- 4.1-acre park include a clubhouse, on-site laundry, showers, BBQ pits, and a large park area.
Lancaster, CA is located just north of Los Angeles, it offers a quieter and more affordable alternative but is still a part of the County. It boasts mature infrastructure with convenient access to major employment nodes, attracting Fortune 500 companies and development opportunities. Additionally, Lancaster enjoys proximity to stunning natural landscapes, providing easy access to outdoor recreation and adventure.
Please do not visit or contact anyone in the community without approval from the listing agents.
Property Details
- Class
- C
- Year Built
- 1929
- Stories
- 1
- Property Subtype
- Manufactured Housing/Mobile Home
- Lot Size (sq. ft)
- 178,596 SF
- Units
- 33
Highlights
- Infill Upside Opportunity
- Potential to Convert to City Services
- Strong MH/RV Submarket
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