Share This Listing

Message

922 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

Investment Highlights

  • 9.58-acre mobile home park, ready for redevelopment (grants available), with income-producing dual-panel billboard
  • Value-add opportunity: ideal location for an electric vehicle charging center to increase cash flow
  • Utilities (electric, water, sewer & gas) previously on site, some utilities, electric/gas meters, and underground lines remain.

Executive Summary

9.58-Acre redevelopment opportunity with existing cash flow!
Here's a great project with a lot of upside potential. Priced to sell! This offering is for a vacant trailer park (10-space) with cash flowing dual-panel billboard.
This was a previously operational 10-unit mobile home park (last operated circa 2017), but was left vacant after the previous owner passed away. The park had water, sewer, electricity, and gas. Some of the utility infrastructure remains in place, but needs to be restored.
The park has nearby amenities (fuel/groceries) ½ mile away and is located about 20 to 30 minutes from Ridgecrest / China Lake.
The dual-panel billboard generates about $1,000 passive income each year and is fully managed and maintained by Sun Advertising LLC.
This property may qualify for federal and state grants for redevelopment (https://www.hcd.ca.gov/grants-and-funding).
Value-add opportunity: This is an ideal location for an EV Charging Station with additional grants available (https://afdc.energy.gov/laws/12744).

Data Room Click Here to Access

Financial Summary (Pro Forma - 2027) 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 $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) 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 $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $129,000
Price Per Unit $12,900
Sale Type Investment
Sale Condition Business Value Included
No. Units 10
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Specialty Trailer Camper Park
Lot Size 9.58 AC
Construction Status Under Renovation
Building Size 400 SF
No. Stories 1
Year Built 1985
Opportunity Zone Yes
Zoning R3 5.0-MH - Multiple Residential - 5 acre minimum - Mobile Home Park
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
037-190-01
Land Assessment
$15,300 (2025)
Improvements Assessment
$40,800 (2025)
Total Assessment
$56,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2027
  • Listing ID: 35252312

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 401 Sterling rd, Pearsonville, CA 93527

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") }}