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Mobile Home Park

Blue Skies Living

34220 Cheseboro Rd, Palmdale, CA 93552

Listing Price: $1,150,000

Cap Rate
10.52%
Number of Spaces
20
Lot Size
19.12 acres
Occupancy
100.0%
Price/Space
$57,500
Spaces/Acre
1.05
Year Built
1959

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a twenty-space manufactured housing community located just outside Palmdale, California. Blue Skies Living is an all-ages community set just outside Angeles National Forest and the San Gabriel Mountains. Located on just over 19 acres of land, this community is comprised of 12 park-owned manufactured homes, and 8 mobile home lots with tenant-owned homes on them. Current average lot rents are approximately $396 per month. The park-owned units are renting for an average of $477 above the lot rents. Electricity and propane is sub-metered for each unit, and water/sewer is master metered and billed back to the tenants. The property is on public water and septic. Being outside the Palmdale city limits, there is no rent control for Blue Skies Living. The location offers a relaxing, quiet community surrounded by recreation areas. Activities include fishing, dirt biking, and easy access to Angeles National Forest. Additionally, Blue Skies Living is just under 10 minutes away from Walmart Supercenter as well as other shopping and dining in Palmdale, CA.

Investment Highlights

  • Gas Master Metered and Billed Back to Tenants
  • 12 Manufactured Homes Included in Sale
  • Ideally Located within a Short Drive of Retailers like Walmart, Starbucks and Dollar General
  • 20-Space, All-Ages Community
  • Public Water and Septic, Master Metered and Billed Back to Tenants
  • Electric Direct Billed

Exclusively Listed By

Broker of Record

  • Jim Markel

    Vice President / Regional Manager

    (818) 212-2700

    License(s) CA: 01253407

    California

Listing Price: $1,150,000

Cap Rate
10.52%
Number of Spaces
20
Lot Size
19.12 acres
Occupancy
100.0%
Price/Space
$57,500
Spaces/Acre
1.05
Year Built
1959

Investment Highlights

  • Gas Master Metered and Billed Back to Tenants
  • 12 Manufactured Homes Included in Sale
  • Ideally Located within a Short Drive of Retailers like Walmart, Starbucks and Dollar General
  • 20-Space, All-Ages Community
  • Public Water and Septic, Master Metered and Billed Back to Tenants
  • Electric Direct Billed

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a twenty-space manufactured housing community located just outside Palmdale, California. Blue Skies Living is an all-ages community set just outside Angeles National Forest and the San Gabriel Mountains. Located on just over 19 acres of land, this community is comprised of 12 park-owned manufactured homes, and 8 mobile home lots with tenant-owned homes on them. Current average lot rents are approximately $396 per month. The park-owned units are renting for an average of $477 above the lot rents. Electricity and propane is sub-metered for each unit, and water/sewer is master metered and billed back to the tenants. The property is on public water and septic. Being outside the Palmdale city limits, there is no rent control for Blue Skies Living. The location offers a relaxing, quiet community surrounded by recreation areas. Activities include fishing, dirt biking, and easy access to Angeles National Forest. Additionally, Blue Skies Living is just under 10 minutes away from Walmart Supercenter as well as other shopping and dining in Palmdale, CA.

Exclusively Listed By

Broker of Record

  • Jim Markel

    Vice President / Regional Manager

    (818) 212-2700

    License(s): CA: 01253407

    California

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