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For Sale
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L a k e M o r e n a P a r
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Stable San Diego Trailer
Park
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♦ $1,300,000 NEW PRICE!
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7% Private Loan
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♦ 41 Spaces, Owners Residence & Storage
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Campo/Lake Morena, CA
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♦ Large 12 Acre Parcel - Possible Expansion
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FOR SALE
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♦ Clean, Stable, Long-Term Occupancy
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MHRV ADVISORS
: Large parcel with lots of trees and landscaping. HCD permitted for 27 Full Hookup RV/Trailer spaces + 15 RV with water and
electric that all stay occupied with long term residents. Some daily
and weekly traffic but, the majority of the stable income in this park is derived from long term occupancy making
this a very well priced San Diego County park.
Rents at $440 are low for San Diego County. Electric is submetered and
sewer, water, trash are included. Some spaces have park owned sheds
for an additional $15. Spaces 28 thru 42 do not have sewer hook-ups
but are served by a mobile dump weekly. A large RV storage
usually has 6-8 rigs at $80 per month. Amenities include a great
office space, library and a laundry with attached bathrooms.
A newer modular 2 bed/2 bath home is perfect for an owner operator or additional income source. This is a great park in a rural setting close enough for an owner to live
at and operate the park and still work in San Diego County. Excellent
onsite Management.
Please contact brokers to discuss the terms of the Seller/Private note.
| Please do not contact
property manager or tenants, contact MHRV Advisors before any visit. |
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.
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