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The Villagers Mobile Home Park 2 Properties Offered at $1,480,157 CAD in Palmdale, CA
INVESTMENT HIGHLIGHTS
- Significant upside through infrastructure improvements.
- Adjoining lot allows for additional unit development.
- Potential rezoning of the back lot for future redevelopment (subject to city approval).
- Opportunity to upgrade park-owned units for higher rental income.
- Back lot suitable for RV short-stay park or alternative uses.
EXECUTIVE SUMMARY
8525 90th St E presents a unique investment opportunity with significant upside potential. This manufactured housing community offers stable income today and multiple avenues for future growth. The property currently delivers an attractive 8.5% CAP rate based on existing rents, making it a strong cash-flowing asset from day one.
Strategically positioned for value-add improvements, the park can benefit from infrastructure upgrades and modernization of park-owned units to enhance tenant appeal and increase rental income. Additionally, the adjoining lot provides an opportunity to add more units, while the expansive back lot opens the door for creative development options such as an RV short-stay park or potential rezoning for alternative uses, subject to city approval. With these possibilities, 8525 90th St E is ideal for investors seeking both immediate returns and long-term growth in a high-demand market.
Strategically positioned for value-add improvements, the park can benefit from infrastructure upgrades and modernization of park-owned units to enhance tenant appeal and increase rental income. Additionally, the adjoining lot provides an opportunity to add more units, while the expansive back lot opens the door for creative development options such as an RV short-stay park or potential rezoning for alternative uses, subject to city approval. With these possibilities, 8525 90th St E is ideal for investors seeking both immediate returns and long-term growth in a high-demand market.
PROPERTY FACTS
| Price | $1,480,157 CAD | Number of Properties | 2 |
| Price / SF | $296.03 CAD / SF | Individually For Sale | 1 |
| Cap Rate | 8.50% | Total Building Size | 5,000 SF |
| Sale Type | Investment | Total Land Area | 2.31 AC |
| Status | Active |
| Price | $1,480,157 CAD |
| Price / SF | $296.03 CAD / SF |
| Cap Rate | 8.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 5,000 SF |
| Total Land Area | 2.31 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 38525 90th St E, Palmdale, CA 93591 | Land | 1.06 AC | - | - |
| 38525 90th St E, Palmdale, CA 93591 | Multifamily | 5,000 SF | 1955 | - |
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The Villagers Mobile Home Park
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