584 E H Street 1-11, Colton, California 92324, Colton, 92324 - bed, bath
ACTIVE$850,000
584 E H Street 1-11, Colton, California 92324
0Bed
0Bath
1,360Sqft
15,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 1360.
Top Cons:
Age of Infrastructure: Built in 1923, the underlying infrastructure of the mobile home park (e.g., utility lines, roads, common facilities) is likely very old, potentially necessitating significant capital expenditures for maintenance, repairs, or upgrades in the near future.
Compared to the nearby listings
Price:$850.0K vs avg $514.0K (+$336,000)95%
Size:1,360 sqft vs avg 1,345 sqft51%
Price/sqft:$625 vs avg $36398%
More Insights
Built in 1923 (102 years old).
Condition: The property, a mobile home park, was built in 1923. While the listing emphasizes its business opportunity, there are no interior images of any structures (including the 1360 sqft building) to assess kitchens, bathrooms, or other internal features. The aerial images depict an older, somewhat cluttered mobile home park. Given the 1923 build year and the lack of any information or visual evidence of significant recent renovations, the underlying infrastructure and any original structures are highly likely to require substantial repairs and rehabilitation to meet current standards, aligning with a 'Poor' condition rating for the physical assets.
Year Built
1923
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
TR25252302
Home ConditionPoor
Features
View-
About this home
EXCELLENT BUSINESS OPPORTUNITY! Mobile Home Park for Sale in Colton! Invest in a thriving mobile home park in Colton, offering a unique opportunity for a savvy buyer. This well-established park boasts: - 100% Occupancy: All available spaces are rented, providing a steady stream of income. - Low Management Requirements: Tenants pay their own utilities, simplifying management tasks. - Stable Cash Flow: With a proven track record of occupancy, this park offers a reliable source of revenue. Don't miss this chance to acquire a lucrative business venture. Contact us today to schedule a viewing and take the first step towards owning a successful mobile home park!
Condition Rating
Poor
The property, a mobile home park, was built in 1923. While the listing emphasizes its business opportunity, there are no interior images of any structures (including the 1360 sqft building) to assess kitchens, bathrooms, or other internal features. The aerial images depict an older, somewhat cluttered mobile home park. Given the 1923 build year and the lack of any information or visual evidence of significant recent renovations, the underlying infrastructure and any original structures are highly likely to require substantial repairs and rehabilitation to meet current standards, aligning with a 'Poor' condition rating for the physical assets.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 1360.
High Occupancy Rate: The park boasts 100% occupancy, ensuring immediate and full rental income from all available spaces.
Low Management Requirements: Tenants are responsible for their own utilities, significantly simplifying management tasks and reducing operational overhead for the owner.
Stable Cash Flow: With a proven track record of full occupancy, the property offers a reliable and predictable source of revenue, appealing to income-focused investors.
Established Business Opportunity: Positioned as an 'excellent business opportunity' and 'well-established park,' it offers a ready-to-operate, income-generating asset.
Investment Appeal: The property is explicitly marketed as a 'lucrative business venture,' highlighting its potential for a savvy buyer seeking a stable investment.
Cons
Age of Infrastructure: Built in 1923, the underlying infrastructure of the mobile home park (e.g., utility lines, roads, common facilities) is likely very old, potentially necessitating significant capital expenditures for maintenance, repairs, or upgrades in the near future.
Lack of Physical Condition Details: The description provides no information regarding the current physical condition of the park's assets, such as mobile home pads, utility hookups, common areas, or any park-owned units, which is crucial for a comprehensive investment assessment.
Limited Financial Transparency: While stable cash flow is mentioned, the listing lacks specific financial details like current rent rolls, operating expenses, or net operating income, requiring extensive due diligence for a complete financial evaluation.