$1,100,000

The park has a permit for 25 units, 4 apartments, and 21 trailer spaces. 2 of the apartments were demolished, and 4 spaces were doubled up. The 2 demolished apartment spaces are used as trailer spaces, thus bringing 2 apartments and 21 spaces available for rent. Rents are low with growth potential. The park is on a septic system, thus no sewer charges; tenants pay for the electricity, and the park pays for water. In 2024, the gas lines on master meters will convert to individual meters so tenants can be billed separately for usage. The park pays for the gas and electricity for the laundry facility. The laundry machines are coin-operated and maintained by the vendor. Park gets a portion of the laundry income. The park pays for the maintenance and utilities of the common areas. There is plenty of interest in renting the park. Current tenants refer friends and family to the park when a space becomes available. Some of the tenants have been there for over 20 years. The park is children-friendly. 1 mobile home and 1 RV are included in the sale. The rest of the mobile homes or RVs are tenant-own. This park will be sold with 922 S. Union Ave Bakersfield, CA as a package. The parks are priced individually. 922 S. Union's Listing ID is SR23119464

Listing Map