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Black Canyon Estates 2030 Magnolia Ave 30 Unit Mobile Home Park $9,576,011 CAD ($319,200 CAD/Unit) Ramona, CA 92065

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EXECUTIVE SUMMARY

Canyon Ridge Estates, A 55+ MH and RV park comprises 33 spaces, with 18 permitted for mobile homes (MH) and 15 permitted for recreational vehicles (RVs). Of the 18 MH spaces 11 are doublewide homes and 7 are singlewide homes.
Canyon Ridge Estates, A 55+ MH and RV park comprises 33 spaces, with 18 permitted for mobile homes (MH) and 15 permitted for recreational vehicles (RVs). Of the 18 MH spaces 11 are doublewide homes and 7 are singlewide homes. 13 of the RV spaces are occupied by park owned park model homes, 2 of the RV spaces are occupied by tenant owned RV’s. A brand new asphalt slurry was just completed in the first week of May, 2025. Additionally, the property features 2 acres of Malbec, Zinfandel, and Chardonnay
grapevines, enhancing the rural beauty and charm of the community. The current space rents ranging from $910 to $1,125 reflect a March 1, 2025 increase. Rent for the park
owned homes is separately billed and ranges from $40 per month to only $200 per month. These are incredibly low rates when compared to comparable apartment rents in Ramona that range from $1900 to over $2500. Tenants are billed or sub metered for Electric, Gas, Water and Trash Service. Sewer is not charged to the tenants.

PROPERTY FACTS

Price $9,576,011 CAD
Price Per Unit $319,200 CAD
Sale Type Investment
No. Units 30
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 13.16 AC
Building Size 1,200 SF
No. Stories 1
Year Built 1970
Zoning RM87, S.D. County - Special Residential

AMENITIES

SITE AMENITIES

  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Pet Play Area

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 30 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
279-130-69
Land Assessment
$619,463 CAD
Improvements Assessment
$1,150,440 CAD
Total Assessment
$1,769,903 CAD
  • Listing ID: 36031649

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 2030 Magnolia Ave, Ramona, CA 92065

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