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Mobile Home Park

Laguna Seca Mobile Home Park

721 Oswell St, Bakersfield, CA 93306

Listing Price: $1,475,000

Number of Spaces
26
Lot Size
1.00 acres
Occupancy
100.0%
Price/Space
$56,731
Spaces/Acre
26.00
Year Built
1948

Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire 721 Oswell Street, Bakersfield, CA (Unincorporated Kern County). A well-maintained mobile home park located in a highly desirable area of Bakersfield, California. This offering represents a rare opportunity to invest in one of the most affordable and growing cities in the state with Seller Financing. The mobile home park features 25 mobile home spaces plus a one bedroom/one bathroom cottage. The property also includes two park-owned homes and has three vacant pads. Tenants are directly billed for gas and electricity while paying a flat monthly fee for water. The owner covers trash expenses through the property tax bill, offering predictable operational costs. Bakersfield has become a central hub for affordable housing, with the mobile home park sector continuing to be a key contributor to the area's housing options. As one of California's most affordable cities, Bakersfield is experiencing a strong demand for rental housing, driven by its low cost of living relative to other regions in the state. The park's location at 721 Oswell St offers excellent connectivity, with Highway 99 providing easy access to surrounding areas of Bakersfield and beyond. This opportunity presents investors with a stable, cash-flowing asset in a market with strong demand for affordable housing. With its prime location and value-add potential, 721 Oswell St is an ideal addition to any real estate portfolio.

Investment Highlights

  • Seller Financing with 35% Down Payment at 5% Interest Only, Due in 8 Years
  • Next Rent Increase (July 2025)
  • Direct Billed for Gas & Electricity
  • Public Sewer and City Water
  • On-Site Laundry & Swimming Pool
  • All-Age Park

Exclusively Listed By

Mobile Home Park

Laguna Seca Mobile Home Park

Listing Price: $1,475,000

Number of Spaces
26
Lot Size
1.00 acres
Occupancy
100.0%
Price/Space
$56,731
Spaces/Acre
26.00
Year Built
1948

Investment Highlights

  • Seller Financing with 35% Down Payment at 5% Interest Only, Due in 8 Years
  • Next Rent Increase (July 2025)
  • Direct Billed for Gas & Electricity
  • Public Sewer and City Water
  • On-Site Laundry & Swimming Pool
  • All-Age Park

Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire 721 Oswell Street, Bakersfield, CA (Unincorporated Kern County). A well-maintained mobile home park located in a highly desirable area of Bakersfield, California. This offering represents a rare opportunity to invest in one of the most affordable and growing cities in the state with Seller Financing. The mobile home park features 25 mobile home spaces plus a one bedroom/one bathroom cottage. The property also includes two park-owned homes and has three vacant pads. Tenants are directly billed for gas and electricity while paying a flat monthly fee for water. The owner covers trash expenses through the property tax bill, offering predictable operational costs. Bakersfield has become a central hub for affordable housing, with the mobile home park sector continuing to be a key contributor to the area's housing options. As one of California's most affordable cities, Bakersfield is experiencing a strong demand for rental housing, driven by its low cost of living relative to other regions in the state. The park's location at 721 Oswell St offers excellent connectivity, with Highway 99 providing easy access to surrounding areas of Bakersfield and beyond. This opportunity presents investors with a stable, cash-flowing asset in a market with strong demand for affordable housing. With its prime location and value-add potential, 721 Oswell St is an ideal addition to any real estate portfolio.

Exclusively Listed By

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