Description
Excellent investment opportunity in Adelanto! This 16-space mobile home park, situated on over 2.5 acres, offers immediate cash flow with a 6.63% current cap rate and a projected pro forma of 8%+. The property features a value-add potential with space to add 3 to 4 more units. Sale includes all mobile home trailers, with three units recently remodeled. Additionally, the site includes an on-site commercial building with a steady income from a bakery tenant. Significant recent upgrades include a newly improved septic system (2024). All leases are month-to-month, providing maximum flexibility for rent increases and management. Ideally located with easy access to Hwy 395.
Details
| MLS | PW26090078 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 157 |
| Listing Provided By | Coldwell Banker Best Realty | Kyungae Yoon |
Features
| SQ Feet | 108,900 |
|---|---|
| Story(s) | 1 |
| Acreage | 2.50 |
Exterior
| Lot Features | Eleven To Fifteen Units Acre |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $1,500,000 low | high Med: $399,000 sqft: 108,900 low | high Med: 1,610 $ / sqft: $14 low | high Med: $248 On site: 157 low | high Med: 20 | |
Market Activity 92301
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $1,500,000 low | high Med: $399,000 sqft: 108,900 low | high Med: 1,610 $ / sqft: $14 low | high Med: $248 On site: 157 low | high Med: 20 | |
Listing Updated: September 29, 2026 at 12:55:44 AM PDT