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This is a basic mobile home/trailer park located on West Main street, one of the City of Barstow’s primary artery streets running parallel to the I-15. The park consists of 58 mobile home spaces and is served by city water and sewer services. Amenities include a laundry and a pool. Utilities are submetered and billed to tenants include electric, water, sewer and trash. Propane is provided by Ferrell Propane and directly paid by tenants.

The park is currently in a re-tenanting phase as coaches are bring brought in for new occupancy. The current owners have spent the past 4 years restoring the park to remedy the previous owners differed maintenance that prevented occupancy. In September 2009 approximately 40% of the park was repaved (front portion). Other renovations include the pool, sections of the utilities and the installation of new secure mail boxes. 

There are three pre-existing private loans on the park at an average interest rate of approximately 7%.  All financing options will require a equity down payment for security. Please contact brokers to discuss the financing options. 

The 7 park owned homes (2 rented, 1 managers & 3 vacant) and mobile home notes are included in the sale. 

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THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED HEREIN.

The information contained herein has either been given to us by the owner or the property or obtained from sources that we deem reliable.  We have no reason to doubt its accuracy but we do not guarantee it.  Vacancy factors used herein are an arbitrary percentage used only as an example.  It does not necessarily relate to actual vacancy, if any.  The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate.