This listing is currently for sale. To see other active properties for sale, begin a new search.
Browse More Listings in Multifamily For Sale, Lancaster, CA or California
L e i s u r e L a k e 55+ MHC 5 STAR
48303 N 20th Street West, Lancaster, CA 93534
211 Spaces | Multifamily
Multifamily Property For Sale
- No. Spaces:
- Property Type:
- Property Sub-type:
- Mobile Home/ RV Community
- Additional Sub-types:
- Self/ Mini-Storage
- Congregate Senior Housing
- Property Use Type:
- Lot Size:
- 137 SF
- Listing ID
- Last Updated
- 1 day ago
- No Rent Control Well Established Occupancy
- Los Angeles County - 5 Star, 55+ Community
- Low Density Room to Expand 137 Acres
- On Lake, Doublewides, Clubhouse, Pool
- Stable Cash Flow Strong With No Distress
- On City Sewer and Direct Bill Electric
CBRE/MHRV GROUP: One of the nicest parks in LA County offers incredible lakefront living or greenbelt frontage for every site in this attractive community. Some spaces have enclosed yards and patios. It' s a High-Desert Oasis. Located in the unincorporated area of Los Angeles county this park does not have any rent control. Space rents are $382, $390, $409, $437 and $483 depending upon the size and location in the park. Electric is directly billed, Gas is submetered, Trash is a flat rate of $5.96, Capital Improvements are currently passed through at $11.00 per month. The park is served by city sewer and onsite wells for water.
All of the homes in the park are doublewide and in good condition. Amenities include a large clubhouse, pool, spa, gated entrance and the lake.
The park sits on approximately 37 acres leaving approximately 100 acres available for future development or expansion.
This is an incredible opportunity to purchase a 5 star, 55+ manufactured home community with expansion potential for less $67,000 per space. We have not seen a non rent controlled Los Angeles county community of this quality sell for under $70,000 in very long time.
Do not contact or disturb tenants or manager. All visits must be approved by listing brokers prior to visit. For more information please refer to the links above or contact Norman Sangalang or Vince Reynolds. CBRE's National "MHRV GROUP" has parks for sale across the Continental U.S. and Canada.
Map of 48303 N 20th Street West, Lancaster, CA 93534 (Los Angeles County)
Research for 48303 N 20th Street West, Lancaster, CA 93534 (Los Angeles County)
- Demographics – Population, income & other demographics near 48303 N 20th Street West
- Research Price – Recent sales of similar properties
- Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
- Cash Flow Park- 5% Loan in Place
Pauma Valley, CA
- 499 Approved 55+ MHC
Desert Hot Springs, CA
- F r i e n d l y R V P a r k
- B r e e z e w o o d
- 50 Spaces on 18 Riverfront Acres
Palo Verde, CA
Asking Price Index Trends for Lancaster, CA Multifamily For Sale
||vs. 3 mo.
View Lancaster Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P
L e i s u r e L a k e 55+ MHC 5 STAR
- 211 Spaces