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24833 Railroad
Newhall, CA 91321 Newhall

$5,750,000 USD

Manufactured Housing Mobile Home Park For Sale  •  86,816 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 1 SF
  • Lot Size 1.99 AC
  • Building Class C
  • Year Built 1923
  • Zoning SCCC
0 Transit Score
85 Walk Score

Highlights

Excellent Location & Rare Opportunity to Purchase in Santa Clarita (Newhall)
7.27% Current Cap Rate & 7.66% Current Cash on Cash Return
Consists of 28 Mobile Home Sites & 6 Single Story Cottage Apartments
Gas & Electricity are Direct-Billed to Residents / Property on City Water & Sewer
Convenient Access to I-5 & SR-14, Strong Commuter Positioning / Walk Score of 85 out of 100 (Very Walkable)
Metrolink Service & Newhall’s “Old Town” are Less than One-Mile From Subject Property

Public Transportation

Commuter RailDriveWalkDistance
Newhall (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 3 min 13 min 0.7 mi
Santa Clarita (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.4 mi
Transit/SubwayDriveWalkDistance
Newhall (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 3 min 15 min 0.7 mi
AirportDriveWalkDistance
Bob Hope 27 min - 18.1 mi
Los Angeles International 47 min - 35.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Douglas McCauley 626-695-6776 Marcus & Millichap
Douglas McCauley 626-695-6776 Marcus & Millichap