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Active
MHP/MHC
740-955 Arroyo Dr, Herlong, CA 96113, USA
$2,500,000
Herlong MHC
Property Description
Herlong MHC presents an excellent investment opportunity in the heart of Herlong, California. This well-maintained mobile home park offers a stable income stream with room for growth. Situated on a spacious lot, the park features a mix of tenant-owned and park-owned homes, providing a balanced and reliable revenue source. Bordering California and Nevada, Herlong MHC is surrounded by nature and big open spaces. Spend your time hiking, boating, fishing, and soaking in the high desert beauty of the area. There are also a number of local museums to learn from and a movie theatre to enjoy. Herlong MHC is ideal for an investor seeking a turnkey property with stable cash flow and strong upside potential.
Investment Highlights
• Value-Add Opportunity: Potential to increase revenue through lot rent adjustments, improving park amenities, or adding additional units to maximize returns.
• Strategic Location: Situated along Highway 395 near the Sierra Army Depot, ensuring steady housing demand and tenant stability.
• High Demand for Affordable Housing: The park meets a critical need for affordable housing in the region, ensuring long-term occupancy and financial stability.
• Strong Market Fundamentals: Affordable housing demand in the area supports ongoing tenant retention and potential for rent growth.
• Stable Income Stream: The park enjoys long-term tenants, providing consistent and predictable cash flow.
