1078 W Belleview Ave, Porterville, CA 93257
HCD-permitted sites with city water, sewer, gas, and electric service support an established residential park operation.
Property Features for 1078 W Belleview Ave
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Based on property information with market context.
The park receives city water and city sewer service, with gas and electric supplied directly by SoCal Gas and SoCal Edison following a recent utility upgrade program. Water, sewer, and trash are included in resident charges and billed at a flat rate. Current occupancy is 67%, with vacancies identified at spaces 2, 6, 12, 14, 15, 16, and 19. Underwriting reflects a 58.27% expense ratio, a 6.20% capitalization rate, and a 2.15 debt service coverage ratio.
Key Highlights
- 25 HCD‑permitted mobile home sites on 0.91 acres
- 67% current occupancy with vacancies at spaces 2, 6, 12, 14, 15, 16, and 19
- 26.37 spaces per acre across the permitted sites
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Trade Area within ½ mile
Demographics for 93257, CA
Market
Vacancy Rate% for Multifamily in West region