8200 Cherry Ave

Fontana, CA 92335
For Sale
$6,154,224
$6,154,224
8200 Cherry Ave, Fontana, CA 92335
Acres
4.547
View Offering Memorandum

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
Units
51
Cap Rate
5.35%
NOI
$329,251
Acres
4.547
Occupancy
100%
Investment Type
Stabilized
APN
0230-051-10
Property Type:
Number of Units:
Parking:
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Offering Memorandum

To review the offering memorandum and supporting materials, please submit your contact information below.

Explore The Area

Thomas Beniamen
Thomas Beniamen
Vice President of Investments
Pierce Brazil
Senior Investment Associate
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