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Mobile Home Park

Totem Pole Mobile Home Park

12751 Mariposa Rd, Victorville, CA 92395

Listing Price: $2,700,000

Cap Rate
5.88%
Number of Spaces
42
Lot Size
3.11 acres
Occupancy
100.0%
Price/Space
$64,286
Spaces/Acre
13.52
Year Built
1958

Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire Totem Mobile Home Park located at 12751 Mariposa Road in Victorville, California. The property is an all-age community and consists of 42 mobile home spaces (legally 43, per HCD), all of which are tenant-owned homes. The property provides city water and sewer and is direct-billed gas, sub-metered water & electricity and flat rate reimbursement for sewer, trash & property taxes. The community also includes a swimming pool, and on-site laundry facility (leased), enhancing tenant appeal and supporting long-term occupancy. The asset represents a stable investment opportunity within the affordable housing sector, offering consistent income with limited operational complexity.

Situated in the City of Victorville, the asset benefits from strong regional connectivity via Interstate 15, providing access to the greater Southern California region as well as Las Vegas. Victorville serves as a primary hub within the High Desert and continues to attract residents seeking more affordable housing alternatives compared to nearby metropolitan areas. The subject property is conveniently located near major retail corridors, transportation routes, and employment centers, enhancing its accessibility and long-term tenant demand.

Victorville offers an expanding employment base supported by logistics, warehousing, retail, and healthcare sectors. The area has experienced significant growth driven by its strategic location along key transportation routes and continued expansion of industrial development. Additionally, planned infrastructure projects, including the Brightline West high-speed rail, are expected to further strengthen regional connectivity and economic growth. These factors contribute to sustained housing demand and reinforce the long-term viability of manufactured housing communities within the market.

Investment Highlights

  • $64,285 Per Space | 5.88% Current Cap Rate
  • All-Age Community / City Water and Sewer
  • All Utilities Sub-Metered / All Tenant Owned Homes
  • 3.11 Acre Parcel (135,280 Square Feet)
  • Located Along the I-15 Corridor with Excellent Regional Connectivity
  • Strong Demand Drivers for Affordable Housing in the High Desert Region
  • Median Household Income of $76,507 with a Five Mile Radius
  • Population of 200,163 with a Five Mile Radius

Exclusively Listed By

Mobile Home Park

Totem Pole Mobile Home Park

Listing Price: $2,700,000

Cap Rate
5.88%
Number of Spaces
42
Lot Size
3.11 acres
Occupancy
100.0%
Price/Space
$64,286
Spaces/Acre
13.52
Year Built
1958

Investment Highlights

  • $64,285 Per Space | 5.88% Current Cap Rate
  • All-Age Community / City Water and Sewer
  • All Utilities Sub-Metered / All Tenant Owned Homes
  • 3.11 Acre Parcel (135,280 Square Feet)
  • Located Along the I-15 Corridor with Excellent Regional Connectivity
  • Strong Demand Drivers for Affordable Housing in the High Desert Region
  • Median Household Income of $76,507 with a Five Mile Radius
  • Population of 200,163 with a Five Mile Radius

Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire Totem Mobile Home Park located at 12751 Mariposa Road in Victorville, California. The property is an all-age community and consists of 42 mobile home spaces (legally 43, per HCD), all of which are tenant-owned homes. The property provides city water and sewer and is direct-billed gas, sub-metered water & electricity and flat rate reimbursement for sewer, trash & property taxes. The community also includes a swimming pool, and on-site laundry facility (leased), enhancing tenant appeal and supporting long-term occupancy. The asset represents a stable investment opportunity within the affordable housing sector, offering consistent income with limited operational complexity. Situated in the City of Victorville, the asset benefits from strong regional connectivity via Interstate 15, providing access to the greater Southern California region as well as Las Vegas. Victorville serves as a primary hub within the High Desert and continues to attract residents seeking more affordable housing alternatives compared to nearby metropolitan areas. The subject property is conveniently located near major retail corridors, transportation routes, and employment centers, enhancing its accessibility and long-term tenant demand. Victorville offers an expanding employment base supported by logistics, warehousing, retail, and healthcare sectors. The area has experienced significant growth driven by its strategic location along key transportation routes and continued expansion of industrial development. Additionally, planned infrastructure projects, including the Brightline West high-speed rail, are expected to further strengthen regional connectivity and economic growth. These factors contribute to sustained housing demand and reinforce the long-term viability of manufactured housing communities within the market.

Exclusively Listed By

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