922 S Union Avenue
Bakersfield, CA 93307
1.92 acres | #SR23119464
Description
The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St.
The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9 spaces. 922 south union has 47 spaces and a house in front.
The park pays for spaces’ utilities, but they are sub-metered for electricity, and the new park owner can increase revenue by billing the tenants for it. The park pays for water at a flat rate. The tenants have a month-to-month lease, but they are long-term tenants.
The park is located across the street from Golden West Casino and Kern County fairgrounds, which has high traffic, especially on weekends. Since vendors at the fairgrounds set up shop on Friday afternoons for weekend events, the park could be repositioned from long-term to short-term tenancy to cater to these vendors. Similarly, the park can provide short-term tenancy to cater to the Golden West Casino clients.
The sale includes 25 park-owned trailers. 4 are unassigned to a space. Additionally, the park is in an Opportunity zone.
The park is sold as a package with 100 Hudson Dr., Bakersfield, CA. They are priced separately. The total price is a combination of 922 S. Union and 100 Hudson.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Stories1
Measurements
- Acres1.9234
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1923
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyKern
Financial Details
- Original List Price$2,300,000
Other
- MLS #SR23119464
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Pauline Vela (#F210004628)
Listing Office: Imperial Estate Management (#F6739001)
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