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Sean Beattie

sean@brivio.com +1(415) 716-7190

$1,200,000

Est. payment - /mo

1 Bed

2.35 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26096805

Bedrooms 1

Lot Size 2.350 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Joshua Mobile Home & RV Park is a 32-site, all-age manufactured housing community located in Boron, within the Antelope Valley region of Eastern Kern County. The property is offered with attractive seller financing for qualified buyers at a price of $1,200,000 (including park-owned homes). The seller will carry $875,000 with a $325,000 down payment, at 2.0% interest-only in year one and 3.0% interest-only for the following two years, over a 3-year term, with a balloon payment due at maturity and no prepayment penalty. The community is HCD-approved for 32 mobile home sites and features a diverse site mix, including 5 tenant-owned homes, 11 park-owned homes, and 3 RVs and 13 vacant sites. The vacant sites are available for immediate infill, providing significant upside through lease-up and increased occupancy. Comparable properties in the area operate at 90%+ occupancy, while the subject property's historical occupancy has ranged between 7580%, primarily due to seasonality and contract labor-driven fluctuations. Joshua Mobile Home & RV Park is served by municipal water and sewer, with submetered gas and electric, and private trash service. The property has been approved for a CPUC utility infrastructure upgrade, expected to begin construction in Q3 or Q4, which will transition utilities to direct billing and improve operational efficiency. Current average rents are $396/month for tenant-owned mobile homes, $425/month for RV spaces, and $781/month for park-owned homes, with historical occupancy of approximately 7580% over the past three years. The property includes 11 park-own

Location

State CA

County Kern

Zoning Seller

Direction Corner of Nudgent St and Gardiner St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 23109029006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Tim Ryan, DRE#02097345 Avine Real Estate

Nearby School & Business

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

26611 Nudgent St Boron, CA 93516

Sean Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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