Mobile Home Park Details
- Listing ID: 1600696
- Posted On: Feb 10, 2022
- Updated On: Sep 27, 2022
Description
Download Offering Materials: https://listings.capstone-companies.com/offering-info/865/1/
Capstone Manufactured Housing is pleased to present White Rock Resort, a 28-site oceanfront community in Northern California. Ideally nestled along the coast, this community features spectacular views of the Pacific Ocean and offers private beach access. White Rock Resort showcases an 100% occupancy, consisting of mostly resident-owned homes, and requires minimal oversight. This offering presents the rare opportunity to acquire a stabilized and turn-key asset, located on the Pacific Ocean.
Investment Highlights:
-Irreplaceable oceanfront community with private beach access
-Advantageously positioned along U.S. Route 101
-Majority resident owned homes–reducing costly repairs and maintenance expense
-All homes serve as secondary residences
-Residents rent out their homes as vacation rentals
-Each home is privately owned, fully furnished, and includes their own hot tub
-Limited amenities for management to oversee or maintain
-Turn-key asset with minimal oversight
Park Information
Number of MH Lots: | 28 |
Total Occupancy: | 100.0 % |
Year Built: | 1994 |
Average MH Lot Rent: | $1,050 |
Size: | 2 acre(s) |