11398 Bartlett
$1,500,000
11398 Bartlett, Adelanto, CA 92301
108,900 sqft
Building Size
PW26090078
MlsNumber
Details:
Highlights:
- Tax Roll Number: 0459254060000
- Heating Fuel Type: Other
Description:
North on Bartlett Ave from CA-18. Property on the right, between Aster Rd and US-395.
Commercial Sale - Adelanto, CA
Excellent investment opportunity in Adelanto! This 16-space mobile home park, situated on over 2.5 acres, offers immediate cash flow with a 6.63% current cap rate and a projected pro forma of 8%+. The property features a value-add potential with space to add 3 to 4 more units. Sale includes all mobile home trailers, with three units recently remodeled. Additionally, the site includes an on-site commercial building with a steady income from a bakery tenant. Significant recent upgrades include a newly improved septic system (2024). All leases are month-to-month, providing maximum flexibility for rent increases and management. Ideally located with easy access to Hwy 395.
Listing ID: d932d4c9-2749-4144-8ea2-aa0acbf0f1e1
Location
Gallery
