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Bakersfield, CA
IDLE WHEELS MHP

IDLE WHEELS MHP $995,000

32 site + 1,100 square foot SFR and 500 square foot Laundry and Storage Facility on 1.96 acres

Suburban location located off main arterials and freeway

Direct Metered for gas, electric & submetered water with pass through for trash & sewer

One vacant site and Eight (8) Vacant POHs in the refurbishing state. Five (5) POHs in the sales process and are scheduled to close by December 31, 2015

Expense load of $1,975 per site (44.32%) stabilized vacancy at 14.2% and NOI at $81,880. Projected cash flow return of 11.52%

  • All City Services
  • Two star, all age community
  • Senior Park, 55+ until 2009

$995,000

  • CAP 8.23%
  • Property Type Mobile Home Park
  • Spaces 33
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Further Information:

  VIEW INVESTMENT SUMMARY

Listing Agent(s)

Douglas Danny

Douglas Danny

SENIOR VICE PRESIDENT OF INVESTMENTS
Other listings

Douglas Danny

Senior Vice President of Investments Senior Director, NMHG

858-373-3222

Doug.Danny@MarcusMillichap.com

4660 La Jolla Village Dr #900
San Diego, CA 92122

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