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    FOR SALE
    Mobile home & RV parks

    39950 7 Oaks Rd Angelus Oaks, CA 92305

    40 ac lot
    Individually Owned 24-yr Hold Free & Clear
    Property ID
    US10-0988660
    39950 7 Oaks Rd, Angelus Oaks, CA 92305 For Sale 1 / 48
    $6,700,000
    39950 7 Oaks Rd, Angelus Oaks, CA 92305
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    Property summary
    AI-generated overview

    This exceptional 40-acre mobile home park, Seven Oaks Mountain Resort, presents a unique investment opportunity in Angelus Oaks, CA. Located at 39950 7 Oaks Road, 92305, this established community boasts 55 home sites, currently housing 16 mobile homes and 7 cabins, with 5 vacant lots and space for 10 RVs. Land lease rates range from $475 to $725 per month, encompassing trash, water, and sewer services. The property features extensive amenities including a pool, restaurant, bar, fully equipped commercial kitchen, laundry and shower facilities, a maintenance garage, and numerous campsites with hookups and BBQ areas. Paved streets are maintained by San Bernardino County. The water supply is sourced from a well, and the sewer system is septic. This sale includes water and mineral rights. Built in 1917, the property consists of 26 buildings situated on a 40-acre lot (APN: 0305011230000). The asking price is $6,700,000, with an occupancy date of September 30, 2024. This is a sale/leaseback opportunity with a ground lease in place. The stunning mountain views and tranquil setting create an idyllic environment for residents. This property offers significant potential for expansion and increased revenue generation.

    Property profile
    Verified
    Property type Mobile home & RV parks
    Use group MOBILE HOME PARK, TRAILER PARK
    Construction WOOD FRAME
    Lot 40 ac (1,742,400 SF)
    APN 0305-011-23-0000
    UPID US10-0988660
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    J Fink · 24 yrs held
    J Fink
    since 2002
    1 recorded transaction
    2002
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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