Property History
(Open to Seller Financing with 30% - 40% down)
If you're looking for an investment with substantial upside, then Foothill Mobile Estates in Yermo, CA is the ideal choice. This property, presented by Martinez & Associates, Inc., features 86 spacious mobile home lots with a vacancy upside waiting to be capitalized on. Yermo is an unincorporated community in the Mojave Desert in San Bernardino County, California. It is 13 miles east of Barstow on Interstate 15, just south of the Calico Mountains.
Foothill Mobile Estates stands out as a beacon of potential in this serene town, providing investors with a gateway to the thriving mobile home market. Perfect property for someone that is looking for a value-add opportunity. There are vacant homes available on the park ready to be rented out. Seize the chance to be a part of this lucrative opportunity - reach out to us today and discover more about Foothill Mobile Estates!
► 86 Mobile Home Spaces - 50 Mobile Home Sites & 36 Park Owned Homes
► All Age Community
► Utility Conversion In Process
► Vacancy Upside with Vacant Park Owned Homes
► 8.86 Acres
Marcus & Millichap is pleased to present the Foothill Estates MHP, located at 37130 Calico Boulevard in Yermo, California. This all-age manufactured home community is situated on approximately 8.86 acres in the Mojave Desert and is permitted for eighty-four (84) HCD-approved manufactured home sites.
The property is currently comprised of eleven (11) tenant-owned homes, one (1) RV site, ten (10) park-owned homes, twenty-seven (27) vacant park-owned homes, thirty-six (36) vacant lots, and one (1) on-site office/manager unit, offering substantial infill potential and immediate upside through vacancy absorption.
With a site density of 9.48 sites per acre, the community maintains an efficient, well-organized layout while still providing residents with an affordable desert living environment.
The property is serviced by well water and an on-site septic system, supporting predictable utility cost structures for future ownership. At a price of ~$13,953 per site, the offering represents an attractive entry point into the high-desert market, with meaningful value-add potential through occupancy stabilization, rent growth, and continued operational management.
For Further inquiries and access to the Due Diligence File please contact the listing brokers.
All Age Community Located in the Mojave Desert
84 HCD Permitted MH Sites | 1 Non-Permitted Site | 1 Office/Manager Unit
Comprised of 11 TOH | 1 RV | 10 POH | 27 Vacant POH | 36 Vacant Sites | 1 Office/Manager Unit
CPUC Upgrade Program in Process Providing Direct-Billed Gas & Electric to Tenants | 3-6 Month Estimated Completion
Gross Income Projected to be ~$215,727 at Current Occupancy
Sub-Metered Gas and Electricity
Flat-Rate Pass Through for Water, Sewer, and Trash
Well-Water & Septic Served
9.8 Sites Per Acre
Infill Upside for Incoming Buyer
Loan History
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