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8132 US Highway 111
Niland, CA 92257
Multifamily Property For Sale
·
17,184 SF
PROPERTY FACTS
| No. Units | 81 | Lot Size | 27.40 AC |
| Property Type | Multifamily | Building Size | 17,184 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1900 |
| Building Class | C |
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 27.40 AC |
| Building Size | 17,184 SF |
| No. Stories | 1 |
| Year Built | 1900 |
ABOUT 8132 US HIGHWAY 111 , NILAND, CA 92257
VENTURE PACIFIC COMMERCIAL SERVICES IS PLEASED TO PRESENT THE OASIS MOBILE VILLAGE A MULTI-TENANT MOBILE HOME/RV PARK WITH INDUSTRIAL OFFERING WITH TREMENDOUS UPSIDE!!! This mobile home park is comprised of 77 mobile homes/RV sites, 22 furnished park owned mobile homes and 4 industrial buildings. Extensive features include an oversized swimming pool, a large recreational center with kitchen accommodations, ample off-street parking/storage and sub-metered electricity, water and gas. The village is situated on a large 27.56-acre parcel on the main commercial thorough Highway 111. The park has undergone extensive recent renovations including new ground asphalt throughout the park and the renovation of the recreational center with new stucco and carpet throughout, a state-of-the-art glass wall reception area, a lounge area with a large television, kitchen accommodations with new appliances and cabinets, conference room, souvenir shop, internet lounge, game room with 2 pool tables, shuffleboard, vending machines and a poker room. This mobile home park provides tremendous upside potential through the stabilization of the vacancies. Once 80% occupied an investor is projected to realize a favorable CAP rate of 21.57%. Investment opportunities like this rarely come available!
PROPERTY TAXES
| Parcel Number | 021-030-018-000 | Improvements Assessment | $266,351 |
| Land Assessment | $236,756 | Total Assessment | $503,107 |
PROPERTY TAXES
