Investment Overview

Ceres West Mobile Home Park is located at 2030 E. Grayson Road in Ceres, California. The park is licensed by HCD for 43 MH spaces. The property currently consists of 39 occupied MH spaces, 3 vacant sites, 1 abandonment, a duplex, and single family house. The average space rent for the 39 occupied MH’s is $628. The property was built around 1964 and is on approximately 3.71 acres. Ceres West operates on city water and septic. Water and gas sub-metered to the tenants. Trash is pro-rated. Electric is direct billed to the residents while septic is included in base rent. Ceres West is an all age park. The last rental increase was June 2024 for 7%. There is no rent or vacancy control in Ceres. The City of Ceres is located in the central San Joaquin Valley, 80 miles south of Sacramento and 95 miles east of San Francisco, in the heart of Stanislaus County. Ceres is in one of the Central Valley's richest and most diverse agricultural areas and is the home of the new $14 million County Agriculture Center. Ceres is a growing community with a heartfelt commitment to retaining its small neighborhood personality. Businesses, organizations, and nonprofit community service groups band together for a number of activities throughout the year.