Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.7%
- Listing ID: 3187207
- Posted On: Jun 20, 2023
- Updated On: Sep 18, 2023
Description
Rare San Diego Mobile Home Park. Julian School House Tiny Home Community and Apartments. This is your chance to own a Tiny Home Community in the San Diego County Area. 50 minutes from downtown San Diego, Julian is a HOT Tourist destination.
The property is set up for Full Time, Part Time and VRBO renters. The Tiny Home Community is fully permitted for Mobile Homes. The spaces are currently occupied by Full Time RVers. Bring your imagination and make the Tiny Home Community into your dream community.
The park and Apartment building are serviced by City Water and Sewer.
The Vacant Parcel is buildable.
Buyer to Verify all before COE
The property is 9 MH spaces and a Fourplex.
2 of the Apartments are standard leases
1 Unit is an Airbnb
1 Unit is rented fully furnished and includes utilities
All MH spaces are occupied by Full Time RVers
Location
Julian, CA in San Diego County.
Amenities
- Laundromat
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1900 |
| Average MH Lot Rent: | $645 |
| Size: | 1 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $245,000 |
| Operating Expense: | $98,200 |
| Net Operating Income: | $147,000 |
| Expense Ratio: | 40.1 % |
| Debt Info: | New Debt Needed |
Lot Information
| Singlewide Lots: | 9 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |