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Black Canyon Estates 2030 Magnolia Ave 30 Unit Mobile Home Park $6,860,000 ($228,667/Unit) Ramona, CA 92065
Executive Summary
Canyon Ridge Estates, A 55+ MH and RV park comprises 33 spaces, with 18 permitted for mobile homes (MH) and 15 permitted for recreational vehicles (RVs). Of the 18 MH spaces 11 are doublewide homes and 7 are singlewide homes.
Canyon Ridge Estates, A 55+ MH and RV park comprises 33 spaces, with 18 permitted for mobile homes (MH) and 15 permitted for recreational vehicles (RVs). Of the 18 MH spaces 11 are doublewide homes and 7 are singlewide homes. 13 of the RV spaces are occupied by park owned park model homes, 2 of the RV spaces are occupied by tenant owned RV’s. A brand new asphalt slurry was just completed in the first week of May, 2025. Additionally, the property features 2 acres of Malbec, Zinfandel, and Chardonnay
grapevines, enhancing the rural beauty and charm of the community. The current space rents ranging from $910 to $1,125 reflect a March 1, 2025 increase. Rent for the park
owned homes is separately billed and ranges from $40 per month to only $200 per month. These are incredibly low rates when compared to comparable apartment rents in Ramona that range from $1900 to over $2500. Tenants are billed or sub metered for Electric, Gas, Water and Trash Service. Sewer is not charged to the tenants.
Canyon Ridge Estates, A 55+ MH and RV park comprises 33 spaces, with 18 permitted for mobile homes (MH) and 15 permitted for recreational vehicles (RVs). Of the 18 MH spaces 11 are doublewide homes and 7 are singlewide homes. 13 of the RV spaces are occupied by park owned park model homes, 2 of the RV spaces are occupied by tenant owned RV’s. A brand new asphalt slurry was just completed in the first week of May, 2025. Additionally, the property features 2 acres of Malbec, Zinfandel, and Chardonnay
grapevines, enhancing the rural beauty and charm of the community. The current space rents ranging from $910 to $1,125 reflect a March 1, 2025 increase. Rent for the park
owned homes is separately billed and ranges from $40 per month to only $200 per month. These are incredibly low rates when compared to comparable apartment rents in Ramona that range from $1900 to over $2500. Tenants are billed or sub metered for Electric, Gas, Water and Trash Service. Sewer is not charged to the tenants.
Property Facts
| Price | $6,860,000 | Building Class | C |
| Price Per Unit | $228,667 | Lot Size | 13.16 AC |
| Sale Type | Investment | Building Size | 1,200 SF |
| No. Units | 30 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1970 |
| Apartment Style | Garden | ||
| Zoning | RM87, S.D. County - Special Residential | ||
| Price | $6,860,000 |
| Price Per Unit | $228,667 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 13.16 AC |
| Building Size | 1,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | RM87, S.D. County - Special Residential |
Amenities
Site Amenities
- Clubhouse
- Laundry Facilities
- Picnic Area
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | - |
1 1
Property Taxes
| Parcel Number | 279-130-69 | Improvements Assessment | $816,430 |
| Land Assessment | $439,613 | Total Assessment | $1,256,043 |
Property Taxes
Parcel Number
279-130-69
Land Assessment
$439,613
Improvements Assessment
$816,430
Total Assessment
$1,256,043
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Black Canyon Estates | 2030 Magnolia Ave
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