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Country Mobile Estates 16754 E Avenue X 87 Unit Mobile Home Park $5,250,000 ($60,345/Unit) 3.85% Cap Rate Llano, CA 93544
INVESTMENT HIGHLIGHTS
- 11 acres of additional land that is zoned to add in more homes
- 55+ four start quality park
- Cut back on management fees
- Properly manage property and bill back for water
- Within 1 mile of country club
- Increase rents
EXECUTIVE SUMMARY
Country Mobile Estates is a serene 55+ manufactured home community located at 16754 East Avenue X in Llano, California. Situated in the picturesque high desert of Los Angeles County, this community offers residents a peaceful environment with scenic views of the Mojave Desert. Established in 1970, Country Mobile Estates comprises 86 home sites with paved streets and off-street parking. The community is pet-friendly, allowing one pet per home site with a maximum weight of 30 lbs. Residents enjoy a variety of amenities, including a clubhouse, swimming pool, jacuzzi, billiards room, library, and laundry facilities. The community's location offers easy access to local recreation, shopping, and entertainment options. Notably, it's just minutes away from the Crystalaire Country Club, which features an 18-hole golf course, private fishing lake, tennis courts, and fine dining. Additionally, Highway 138 — less than three miles away — sees approximately 15,000 vehicles per day, providing convenient regional connectivity. For those seeking an affordable and active retirement lifestyle in a well-maintained community, Country Mobile Estates presents an excellent opportunity.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $5,250,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $60,345 | Building Class | C |
| Sale Type | Investment | Lot Size | 14.99 AC |
| Cap Rate | 3.85% | Building Size | 12,004 SF |
| No. Units | 87 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Zoning | A-2-2 | ||
| Price | $5,250,000 |
| Price Per Unit | $60,345 |
| Sale Type | Investment |
| Cap Rate | 3.85% |
| No. Units | 87 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 14.99 AC |
| Building Size | 12,004 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | A-2-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 78 | - | - |
1 1
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Country Mobile Estates | 16754 E Avenue X
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