8200 Cherry Ave
About the property
CRI Brokerage is pleased to present the opportunity to acquire Mobile Hacienda Park is a 51-unit, all-age manufactured housing community located in Fontana, CA - positioned in the core of the Inland Empire, one of the strongest and most supply-constrained housing markets in Southern California. Situated on approximately 4.55 acres, the property is fully occupied and operates as a tenant-owned home (TOH) community,
The asset currently generates $329,251 in NOI (5.35% cap rate) with a clear and achievable path to $343,990 (5.75% cap) through operational improvements.
Located along the I-10 corridor with direct access to major employment drivers including Amazon, Target, UPS, and Kaiser Permanente, Fontana continues to experience strong job and population growth. In a market where median home values exceed $550,000 and new mobile home park development is highly restricted. A rare chance to own stabilized, supply-constrained MHC product in one of Southern California's deepest housing demand markets.
Investment Highlights
- 51 Units | All-Ages
- 100% Occupancy
- PG&E Conversion Program Completed
- Below-market rents
- In-Place Cash Flow - $329K in current NOI with a path to $344K+ through achievable rent increases and operational efficiencies
- City Water
- All Tenant-Owned Homes (TOH)
- Direct access to major employment drivers including Amazon, Target, UPS, and Kaiser Permanente
- Stable in-place income
- Rent growth potential
- Efficient utility structure
- Strong market fundamentals
- Value-add opportunities
- Expansion or infill potential
- High demand asset class
- Limited local competition
- Resilient cash flow profile
- Expense optimization potential
- Stable tenant base
- Flexible hold strategy
- Favorable demographics
- NOI growth opportunities
- Defensive market performance
- Long-term income stability
Offering Memorandum
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