Investment Overview

Trousdale Estates in Ridgecrest, located at 210 West Ward Avenue in Ridgecrest, California in eastern Kern County. Situated within the high desert region of California's Indian Wells Valley, the property sits just east of the Sierra Nevada and north of the Mojave Desert. Surrounded by rugged mountain ranges and vast open desert, the area offers access to outdoor recreation including, hiking, off-roading, and exploring nearby natural attractions such as the Trona Pinnacles and Red Rock Canyon. With a population of roughly 28,000 residents, Ridgecrest maintains a small-city feel while serving as a regional hub for commerce, services, and defense-related exployment due to its proximity to the Naval Air Weapons Station China lake. Its history is closely tied to military development and desert exploration, and today it blends a stable, family-oriented community with scientific, aerospace, and outdoor-focused culture of California's high desert. This all-ages Mobile Home Community spans 7.49 acres and offers thirty-nine(39) TOH, eleven (11) POH, fourteen (14) vacant POH, two (2) vacant sites, one (1) manager unit, and fifty-eight (58) storage units, providing infill upside. Originally built in 1964, the community generates a gross annual income of $577,943 with operating expenses of $366,619, resulting in a net operating income of $211,324 and a 6.71% cap rate at the list price of $3,150,000, or $42,761 per site. The average site rent is approximately $605 per month. The utility infrastructure includes flat rate pass troughs for water, sewer, and trash, while electric and gas are sub-metered and billed back to residents. Of the sixty-seven (67) total sites, sixteen (16) are currently vacant including fourteen (14) park owned homes and two (2) vacant sites, offering significant infill upside. The property provides a stable in-place income with upside through rent optimization, continued improvements, and occupancy improvements. For further inquiries and Due Diligence information, please contact the listing brokers.