Del Sur Gardens RV Park | 9020 W Avenue J
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Del Sur Gardens RV Park 9020 W Avenue J
33 Unit Mobile Home Park $790,000 ($23,939/Unit) Lancaster, CA 93536
INVESTMENT HIGHLIGHTS
- Infill Upside Opportunity
- Strong MH/RV Submarket
- Potential to Convert to City Services
EXECUTIVE SUMMARY
Excellent opportunity to acquire a park with multiple angles of upside near major Southern California metros.
Del Sur Gardens offers a value-add RV park in a historically strong MH/RV submarket. The park has opportunity for income growth as it is currently ± 80% occupied with mostly extended stay residents. There is also a value-add component in potentially converting utilities over to city services for better operating efficiency. The current average rate at the park equates to
$442/month while incoming tenants pay a rate of $530/month. Amenities at the +/- 4.1-acre park include a clubhouse, on-site laundry, showers, BBQ pits, and a large park area.
Lancaster, CA is located just north of Los Angeles, it offers a quieter and more affordable alternative but is still a part of the County. It boasts mature infrastructure with convenient access to major employment nodes, attracting Fortune 500 companies and development opportunities. Additionally, Lancaster enjoys proximity to stunning natural landscapes, providing easy access to outdoor recreation and adventure.
Please do not visit or contact anyone in the community without approval from the listing agents.
Del Sur Gardens offers a value-add RV park in a historically strong MH/RV submarket. The park has opportunity for income growth as it is currently ± 80% occupied with mostly extended stay residents. There is also a value-add component in potentially converting utilities over to city services for better operating efficiency. The current average rate at the park equates to
$442/month while incoming tenants pay a rate of $530/month. Amenities at the +/- 4.1-acre park include a clubhouse, on-site laundry, showers, BBQ pits, and a large park area.
Lancaster, CA is located just north of Los Angeles, it offers a quieter and more affordable alternative but is still a part of the County. It boasts mature infrastructure with convenient access to major employment nodes, attracting Fortune 500 companies and development opportunities. Additionally, Lancaster enjoys proximity to stunning natural landscapes, providing easy access to outdoor recreation and adventure.
Please do not visit or contact anyone in the community without approval from the listing agents.
PROPERTY FACTS
| Price | $790,000 | Building Class | C |
| Price Per Unit | $23,939 | Lot Size | 4.10 AC |
| Sale Type | Investment | Building Size | 3,443 SF |
| No. Units | 33 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 9/1,000 SF |
| Price | $790,000 |
| Price Per Unit | $23,939 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.10 AC |
| Building Size | 3,443 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 9/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 3203-034-007 | Improvements Assessment | $306,767 |
| Land Assessment | $278,877 | Total Assessment | $585,644 |
PROPERTY TAXES
Parcel Number
3203-034-007
Land Assessment
$278,877
Improvements Assessment
$306,767
Total Assessment
$585,644
ZONING
| Zoning Code | RR5, L.A. County |
| RR5, L.A. County |
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Del Sur Gardens RV Park | 9020 W Avenue J
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