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Mobile Home Park

Mountain View Park

710 W Harvard Blvd, Santa Paula, CA 93060

Listing Price: $3,450,000

Cap Rate
4.76%
Number of Spaces
46
Lot Size
5.20 acres
Occupancy
100.0%
Price/Space
$75,000
Spaces/Acre
8.85
Year Built
1964

Investment Overview

Mountain View Park is an all-age, immaculately maintained, and professionally managed mobile home park containing 46 home sites on 5.20 acres on two separate parcels. The community is located on the west side of the City of Santa Paula. It was initially developed in 1964 and is in excellent condition. All the homes are tenant-owned and are meticulously maintained. The site contains a mix of double-wide units that dominate the community and single-wide units. The property is currently and historically 100 percent occupied, with an average monthly contract rent of $454 per site. The park has city services for water and sewer, both are sub-metered. Gas and electric direct-metered, and trash is included in the rent. The location is conveniently within a 10-minute walk to a Vons and a CVS and a 15-minute walk to the Blanchard Elementary School. Other retailers, schools, downtown Santa Paula, and the beach are a short drive away. This is the ?rst time the community has been on the market in over 40 years, re?ecting that MHPs rarely become available in Ventura County. Please be discreet if you visit the community.
Mountain View Park is nestled in the picturesque Santa Clara River Valley of Ventura County, California, in the quaint city of Santa Paula. With its rich history, vibrant cultural scene, and stunning natural beauty, Santa Paula captivates visitors and residents with its small-town charm and welcoming atmosphere. According to Realtor.com, the medium-sold home price in Santa Paula consistently averages on a per-month basis over $700,000.

Founded in the late 19th century, Santa Paula boasts a storied past intricately intertwined with its agricultural heritage. Originally known as "Santa Paula y Saticoy," the city ?ourished thanks to its fertile soils and favorable climate, which proved ideal for citrus fruit production. To this day, Santa Paula remains renowned for its oranges and lemons, serving as a testament to its enduring agricultural legacy.
One of the highlights of Santa Paula is its historic downtown district, where time seems to stand still amidst well-preserved buildings dating back to the early 20th century. Wandering through the streets, visitors are treated to a delightful array of shops, restaurants, and cultural attractions. From the iconic Santa Paula Theater to the captivating exhibits at the California Oil Museum, there is no shortage of landmarks to explore and stories to uncover.

Beyond its historic charm, Santa Paula boasts a vibrant cultural scene that re?ects the city's diverse heritage and community spirit. Art enthusiasts can immerse themselves in the local creativity at the Santa Paula Art Museum, which showcases works by both established and emerging artists. Throughout the year, the city comes alive with many cultural events and festivals, celebrating everything from its agricultural roots to its artistic endeavors.

While agriculture remains a cornerstone of Santa Paula's economy, the city has evolved to embrace other industries, ensuring a diverse economic landscape. Manufacturing facilities, including those in the aerospace and automotive sectors, contribute to the city's prosperity alongside the essential services provided by the Santa Paula Hospital.

For outdoor enthusiasts, Santa Paula offers a gateway to adventure amidst its breathtaking natural surroundings. The nearby Los Padres National Forest beckons with scenic trails, camping spots, and wildlife viewing opportunities. Meanwhile, the Santa Clara River provides a peaceful retreat from the hustle and bustle of city life.

Santa Paula embodies the quintessential California experience blend of history, culture, and natural beauty that leaves a lasting impression on all who visit. Whether exploring the historic downtown, immersing oneself in its cultural offerings, or basking in its scenic landscapes, Santa Paula invites visitors to embark on a journey of discovery and appreciation for this charming city nestled in the heart of Ventura County.

Investment Highlights

  • 46 HCD Permitted MH Sites | First Time On-Market in Over 40 Years
  • 100% Occupied | 100% TOH's
  • City Water & City Sewer
  • Direct-Billed G&E | Utility Upgrade Program Complete
  • Rare Opportunity to Own in Ventura County

Exclusively Listed By

Financing By

Mobile Home Park

Mountain View Park

Listing Price: $3,450,000

Cap Rate
4.76%
Number of Spaces
46
Lot Size
5.20 acres
Occupancy
100.0%
Price/Space
$75,000
Spaces/Acre
8.85
Year Built
1964

Investment Highlights

  • 46 HCD Permitted MH Sites | First Time On-Market in Over 40 Years
  • 100% Occupied | 100% TOH's
  • City Water & City Sewer
  • Direct-Billed G&E | Utility Upgrade Program Complete
  • Rare Opportunity to Own in Ventura County

Investment Overview

Mountain View Park is an all-age, immaculately maintained, and professionally managed mobile home park containing 46 home sites on 5.20 acres on two separate parcels. The community is located on the west side of the City of Santa Paula. It was initially developed in 1964 and is in excellent condition. All the homes are tenant-owned and are meticulously maintained. The site contains a mix of double-wide units that dominate the community and single-wide units. The property is currently and historically 100 percent occupied, with an average monthly contract rent of $454 per site. The park has city services for water and sewer, both are sub-metered. Gas and electric direct-metered, and trash is included in the rent. The location is conveniently within a 10-minute walk to a Vons and a CVS and a 15-minute walk to the Blanchard Elementary School. Other retailers, schools, downtown Santa Paula, and the beach are a short drive away. This is the ?rst time the community has been on the market in over 40 years, re?ecting that MHPs rarely become available in Ventura County. Please be discreet if you visit the community. Mountain View Park is nestled in the picturesque Santa Clara River Valley of Ventura County, California, in the quaint city of Santa Paula. With its rich history, vibrant cultural scene, and stunning natural beauty, Santa Paula captivates visitors and residents with its small-town charm and welcoming atmosphere. According to Realtor.com, the medium-sold home price in Santa Paula consistently averages on a per-month basis over $700,000. Founded in the late 19th century, Santa Paula boasts a storied past intricately intertwined with its agricultural heritage. Originally known as "Santa Paula y Saticoy," the city ?ourished thanks to its fertile soils and favorable climate, which proved ideal for citrus fruit production. To this day, Santa Paula remains renowned for its oranges and lemons, serving as a testament to its enduring agricultural legacy. One of the highlights of Santa Paula is its historic downtown district, where time seems to stand still amidst well-preserved buildings dating back to the early 20th century. Wandering through the streets, visitors are treated to a delightful array of shops, restaurants, and cultural attractions. From the iconic Santa Paula Theater to the captivating exhibits at the California Oil Museum, there is no shortage of landmarks to explore and stories to uncover. Beyond its historic charm, Santa Paula boasts a vibrant cultural scene that re?ects the city's diverse heritage and community spirit. Art enthusiasts can immerse themselves in the local creativity at the Santa Paula Art Museum, which showcases works by both established and emerging artists. Throughout the year, the city comes alive with many cultural events and festivals, celebrating everything from its agricultural roots to its artistic endeavors. While agriculture remains a cornerstone of Santa Paula's economy, the city has evolved to embrace other industries, ensuring a diverse economic landscape. Manufacturing facilities, including those in the aerospace and automotive sectors, contribute to the city's prosperity alongside the essential services provided by the Santa Paula Hospital. For outdoor enthusiasts, Santa Paula offers a gateway to adventure amidst its breathtaking natural surroundings. The nearby Los Padres National Forest beckons with scenic trails, camping spots, and wildlife viewing opportunities. Meanwhile, the Santa Clara River provides a peaceful retreat from the hustle and bustle of city life. Santa Paula embodies the quintessential California experience blend of history, culture, and natural beauty that leaves a lasting impression on all who visit. Whether exploring the historic downtown, immersing oneself in its cultural offerings, or basking in its scenic landscapes, Santa Paula invites visitors to embark on a journey of discovery and appreciation for this charming city nestled in the heart of Ventura County.

Exclusively Listed By

Financing By

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