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Charlene Anderson

casellshomes@yahoo.com +1(559) 312-0115

$ 2,395,888

Est. payment | -/mo

28 Beds

28 Baths

139,513 SqFt

Save

$ 2,395,888

Est. payment | -/mo

Save

28 Beds

28 Baths

139,513 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 139,513 sqft

Price per Sqft $17

MLS Listing ID 655001

Bedrooms 28

Full Baths 28

HOA Y/N No

Year Built 1975

Lot Size 3.203 Acres

Property Sub-Type Multi Family

Property Description

Wagon West Mobile Home Park is a 28 space all ages manufactured housing community on 3.22 acres at 815-849 S. Indiana Street in Porterville. The park consists of manufactured housing sites, RV sites, and three single family residences, all with full hook-ups. The community is served by City of Porterville water, a private septic system, and an on-site laundry facility. Utilities are billed back to tenants through a RUBS structure, providing the owner with meaningful expense recovery. Tenant tenure is exceptionally long, with the majority of residents in place between 7 and 20 plus years and minimal turnover in recent years. Rents remain below market and Porterville has no rent control, giving a new owner a clear path to grow income through modest scheduled adjustments and lease up of the remaining vacant spaces. The park is centrally located with quick access to Highways 65 and 190 and sits within close proximity to the Walmart Distribution Center, Porterville College, two general hospitals, and the retail corridor along Main Street including Home Depot, Lowe's, Grocery Outlet, ALDI, and Starbucks. Manufactured housing remains one of the few forms of unsubsidized affordable housing in the Central Valley, and parks of this size rarely come to market.

Location

State CA

County Tulare

Interior

Heating Floor or Wall Heat

Cooling Evaporative Cooling, Wall/Window Unit(s)

Fireplaces Type One Unit

Appliance Washer/Dryer(s) Leased

Exterior

Parking Features Covered, Open

Community Features Utility Room

Utilities Available Public Utilities, Natural Gas Connected

Roof Type Other

Building

Lot Description Suburban

Story 1

Foundation Concrete Perimeter, Wood Subfloor

Sewer Septic Tank

Water Public

Schools

High Schools Porterville Schools

Listed by The JKRE Investment Group

NEARBY SCHOOL & BUSINESS

Charlene Anderson, Realtor

Phone

+1(559) 312-0115

casellshomes@yahoo.com

Address

USA

GET IN TOUCH

REVIEWS

* “ As first-time home buyers we were nervous, but Charlene guided us every step of the way. She was on top of all the new listings and sent us updates daily. Worked with our schedules to view homes, we always felt like a priority. I would highly recommend Charlene she knows her stuff and you will not be disappointed”

Cruz, C

* “My husband and I had some questions regarding our property. Charlene responded to our questions immediately. She provided information needed to make an informed decision. I would highly recommend Charlene. She is friendly and down to earth. I found it easy discussing our complicated situation with her. She is extremely knowledgeable and uses her resources to deliver great customer service. We will definitely go back to Charlene for any future needs”.

Vargas, D

* “Charlene Anderson is an outstanding agent. She went above and beyond the call of fiduciary responsibilities. We had a very difficult transaction and she handled with intelligence, composure, and expertise that is admirable. I would recommend her to any prospective buyers/sellers without reservation”.

Stokes, R

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815 S Indiana ST Porterville, CA 93257