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Whispering Pines Mobile Home Park 1776 CA-2

21 Unit Mobile Home Park £1,428,571 (£68,027/Unit) 7.56% Net Initial Yield Wrightwood, CA 92397

Investment Highlights

  • Stabilized asset with long term tenants in place
  • Conveniently located right off Highway 2!
  • Tons of upside opportunity
  • Minutes away from downtown & main attractions

Executive Summary

IKON properties is proud to present Whispering Pines Mobile Home Park. This mobile home park presents a lucrative opportunity for investors seeking a prime location and significant rental potential. Situated right off the bustling 2 highway, convenience meets opportunity as tenants enjoy easy access to transportation corridors, ensuring high visibility and traffic flow.
Here's why Wrightwood Mobile Home Park stands out:
Tons of Rental Upside. With ample space for expansion and development, this park offers endless possibilities for maximizing rental income. Whether you're looking to add more units or enhance existing ones, the potential for increased revenue is substantial.
Convenient Location. Just minutes away from downtown Wrightwood, residents have access to a vibrant community hub filled with shops, restaurants, and entertainment options. Plus, with nearby attractions such as hiking trails, ski resorts, and scenic vistas, there's always something for tenants to explore and enjoy.
Stable Income in Place. Benefit from a solid foundation of stable income generated by the current tenants. With a proven track record of reliable rent payments, you can invest with confidence knowing that your income stream is secure.
Whether you're an experienced investor or a newcomer to the real estate market, Wrightwood Mobile Home Park offers an exceptional opportunity to capitalize on the growing demand for affordable housing in this desirable location. Don't miss your chance to own a piece of Wrightwood's thriving real estate market – seize this opportunity today!

Property Facts

Price £1,428,571
Price Per Unit £68,027
Sale Type Investment
Net Initial Yield 7.56%
No. Units 21
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Lot Size 1.56 AC
Building Size 600 SF
Number of Floors 1
Year Built 1957

Unit Amenities

  • Storage Space
  • Washer/Dryer
  • Office
  • Listing ID: 31741983

  • Date on Market: 08/05/2024

  • Last Updated:

  • Address: 1776 CA-2, Wrightwood, CA 92397

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