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Oakdale Mobile Home Park

Mobile Home Park | 5.00% CAP

Listing Contacts

Active

Asking Price: $9,500,000
Address 

10799 Sherman Grove Ave, Los Angeles, CA 91040

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Date Added
Jul 8, 2024
Days on Market
345 days
Time Since Last Update
119 days

Details

Property TypeMobile Home Park
Cap Rate5.00%
Occupancy100%
NOI$472,800
Units87
ZoningLARMP
IntelligenceINTELLIGENCE
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Marketing Description

MHP Brokerage is pleased to present for sale the Oakdale Mobile Home Park.​ Located in the city of Los Angeles, Oakdale Mobile Home Park boasts 87 lots, fully occupied, providing an investor the opportunity to acquire a stabilized asset, in an extremely well positioned location.​ The current gross income on the property is north of $750,000.​ This community is on city utilities, and tenants cover all utilities expenses.​

Investment Highlights

  • LAND AREA: 6.71 Acres

  • ZONING: LARMP

  • UNITS/PADS: 87

  • OCCUPANCY RATE: 100%

  • Located in the Sunland neighborhood of Los Angeles, a suburban community with a small-town feel

  • The current gross income on the property is north of $750,000.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$472,800.00
$39,400.00/mo

Valuation Metrics

0
DSCR
4.98%
Cap Rate
4.98%
ROI
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Due Diligence

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Listing Contacts


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Additional Information
Broker Name
Jennifer Stein
Broker License
CA CA 01507135
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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