Share This Listing

Message

925 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Chicken Little Trailer Roost 15348 Running Deer Trl 6 Unit Mobile Home Park $1,749,000 ($291,500/Unit) 6.22% Cap Rate Poway, CA 92064

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Lot Comparable Sales Avg Price Range fr $300k to $600k plus. Lot values of other lot comps are significantly higher. Listed separately at $200k-$300k.
  • An accepted Buyer of MHP to have 1st right of refusal to purchase the vacant lot, & within a certain timeframe to be decided.
  • 6 Spectacular Units on 2.49 Acre Lot. (5 – 2BR,2BA Modern Manufactured Homes plus 1-Frame/Stucco Office Bldg. APN: 321-110-53-00)
  • All comps are on well water, septic and in area of 20-acre minimum zoning, unless already divided.
  • Also, owner installed a new well that is hooked up and running. In addition to the above, New Septic Tank was installed in 2021.
  • Adjacent 4.36 Acre Lot available for additional price of $150,000 APN: 278-200-31-00 for a “Package Deal” - Zoned RRA

EXECUTIVE SUMMARY

321-110-53-00 (MHP) 6 Modern Manufactured Units on 2.49 Acre.
278-200-31-00 (4.36 Acre Lot) Zoned RRA for only $150,000 on a Package Deal! Listed separately at $200,000-$300,000. An accepted Buyer of MHP to have 1st right of refusal to purchase the vacant lot, and within a certain time frame to be decided. The sale of the vacant land lot is contingent upon the close of escrow of the adjacent MHP, which this MHP can also close prior to the closing of the adjacent vacant land/lot.
* Country Living but only a short drive to Poway and Ramona. Close to Poway Business Park, Services, Restaurants, Shopping, etc…..The Best of Both Worlds!!
* Newly Installed 2,000 Gallon Septic System in 2021.
* Two working Wells, 2 of 3 wells are working wells. 3rd Well is a back up well.
* Modern Manufactured Home Park has a total of 4 Gates.
* Modern Manufactured Homes are not a permanent foundation but all 5 homes have “Tie Down” and Bracing System – thus allowing to be taxed as Real Property.
* Located in an area of Million to Multi-Million Dollar Homes – Many can be seen from the property.
* Area of Large Estate Homes and Trails, close to the base of Mt. Woodson.
* Very low expense for Water and Septic System.
* Feels like a private retreat or recreation property.
* Has plenty of acreage for solar panels, accessory buildings, equipment and overflow parking.
* Top Ranked Poway School District.
* West Adjacent Property is currently a Pomegranate Grove.
* 15,000 Gallon Water Storage Tank
* Benches available for Viewing Mountains and Sunset Views!
* Some Spectacular Boulder/Rock Gardens including the infamous “Butt Boulder” – Must See!!
* Mina De Oro Road has quite the history during the Gold Rush in California – Translate to “ Mine of Gold” which was an area that was mined for gold and then taken to “Old Town” San Diego.
* The 4.36acre lot has pad off the highest point of the lot. Can create your own Private Paradise!!
* Inspected by HCD (Housing and Community Development) that regulates Mobile Home Parks.
* Cedar Fire swept this general area in 2003.
* All Modern Manufactured Homes have both 110 gallon Separate Propane Tanks as well as their own SDGE Meters.
* All Units have their own individual Water Meters. Tenants are not currently being charged for Water and Septic.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,749,000
Price Per Unit $291,500
Sale Type Investment
Cap Rate 6.22%
Gross Rent Multiplier 10.23
No. Units 6
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Garden
Building Class B
Lot Size 2.52 AC
Building Size 5,185 SF
No. Stories 1
Year Built 2004
Parking Ratio 2.58/1,000 SF
Zoning RRA - Area of Large custom estate homes, this property is grandfathered and permitted by the State.

AMENITIES

UNIT AMENITIES

  • Washer/Dryer
  • Bay Window
  • Ceiling Fans
  • Refrigerator
  • Satellite TV
  • Tub/Shower
  • Views
  • Yard
  • Deck
  • Double Pane Windows
  • Patio
  • Porch
  • Wheelchair Accessible (Rooms)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 5 $2,495 920
1+1.5 1 $1,500 585

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
321-110-07
Land Assessment
$274,475
Improvements Assessment
$292,902
Total Assessment
$567,377
  • Listing ID: 34805853

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 15348 Running Deer Trl, Poway, CA 92064

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}