All-Age Mobile Home
For Sale
Contact for pricing
Pending
235 W Aviation Rd, Fallbrook, CA 92028
Fully occupied community with city water, city sewer, and a dedicated laundry and maintenance building.
Property SizeContact for details
Lot Size2.87 Acres
Days on Market141
Property Features for 235 W Aviation Rd
General Information
Standard status
Pending
Lot size
2.87 Acres
Property subtype
Mobile Home Park, Multifamily
Occupancy
100%
Financials
Asking Price
$5,550,000
Cap Rate
5.6%
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Listing Agency:
Marcus & Millichap - Downtown San Diego
Listed By:
Dustin B. Wilmer · License #CA 01928162
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Downtown San Diego
Investment Insights
Based on property information with market context.
Located at 235 W Aviation Rd in Fallbrook, California, this all-age mobile home community covers 2.87 acres and includes 44 HCD-permitted MH sites. The current resident mix comprises 42 MHs, 1 Park Model, and 1 RV, with all sites occupied. A roughly 1,144-square-foot building provides laundry and maintenance functions.
The community uses City Water and City Sewer, with both services sub-metered. A recent utility upgrade added direct-billed gas and electric service through San Diego Gas & Electric. The property is underwritten at a 35.57% expense ratio and a 5.60% capitalization rate, providing operating metrics alongside the established site count and full occupancy.
The community uses City Water and City Sewer, with both services sub-metered. A recent utility upgrade added direct-billed gas and electric service through San Diego Gas & Electric. The property is underwritten at a 35.57% expense ratio and a 5.60% capitalization rate, providing operating metrics alongside the established site count and full occupancy.
Key Highlights
- 2.87‑acre mobile home community in Fallbrook, California
- 44 HCD Permitted MH sites
- Current occupancy includes 42 MHs, 1 Park Model, and 1 RV
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 92028, CA
51,614
Population
17,985
Households
2.9
Avg Household Size
41
Median Age
35%
College-Educated
87%
High-School Grad
116.7 sq mi
ZIP Area
442
Density / Sq Mi
$102,346
Median Household Income
$46,862
Median Earnings
$1,743
Median Rent
$781,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Fully occupied community with city water, city sewer, and a dedicated laundry and maintenance building.
Where is this mobile home & rv park located?
The property is located at 235 W Aviation Rd Fallbrook, CA.
What are key features of this property?
This property features: 2.87‑acre mobile home community in Fallbrook, California; 44 HCD Permitted MH sites; Current occupancy includes 42 MHs, 1 Park Model, and 1 RV
