ParkMarket
Value-Add 64-Lot Park, Fresno, 71% Occupied photo 1
For SaleSeller Financing Available
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Manufactured Housing CommunityNew

Value-Add 64-Lot Park, Fresno, 71% Occupied

Fresno, California

$2,400,000

Originally $2,650,000

Total sites
64
Cap rate
6.6%
Occupancy
71%
Age restriction
All ages
  • Seller Financing Available
  • Price Reduced

Key Details

Asking price
$2,400,000
Property type
Manufactured Housing Community
Total sites
64
Cap rate
6.6%
Occupancy
71%
NOI
$158,000
Price per site
$37,500
Age restriction
All ages
Utilities
Well & septic
State
CA
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Overview

Value-add opportunity: 18 vacant lots ready for infill, well below market rents.

Investment highlights

  • 18 vacant lots ready for infill homes
  • Rents of $395 versus a $520 market rate
  • 12 park-owned homes included in the sale
  • Septic system inspected in 2025

Features

  • Value-add
  • Park-owned homes

The full property description, rent detail, and operating history are shared with buyers after a request.

Financial summary

Asking price
$2,400,000
Cap rate
6.6%
NOI
$158,000
Occupancy
71%
Price per site
$37,500
Park-owned homes
10–30%

Financing options

Seller Financing Available
Down payment
30%
Interest rate
7%
Amortization
25 years
Term
5 years

Seller will consider a lower down payment for buyers with a strong infill plan.

Published terms are the seller's indication and subject to buyer qualification and a signed agreement.

Location

Approximate area in Fresno, California. The exact address is shared after a request.

Documents & due diligence

  • Offering memorandumFull property package
  • Rent rollLot-by-lot rents and occupancy
  • Operating statementsT-12 income and expenses
  • Exact address & site planShared with qualified buyers

Documents are released after a short request. The seller may ask buyers to sign an NDA before sharing the offering memorandum and rent roll.

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$2,400,000

64 sites · Fresno, CA

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