1.78 Acres Lot
1.78 Acres Lot
Key Details
Property Type Commercial
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25115628
HOA Y/N No
Annual Tax Amount $6,256
Tax Year 2024
Lot Size 1.780 Acres
Property Sub-Type Mobile Home
Property Description
town of Palo Verde, California. Originally developed in 1950, the property offers approximately
2.59 acres of land with direct frontage to a Colorado River offshoot, featuring a private dock and
nearby boat ramping area.
The community is comprised of 44 rentable spaces and a 3-bedroom single-family home, currently
achieving 48% occupancy with significant upside potential as occupancy approaches stabilization
levels. Residents enjoy a host of amenities, including a clubhouse, fenced grounds, on-site laundry
facilities, property management services, and direct waterfront access. Each tenant is charged
$450 per month plus utilities, with potential income nearly doubling upon reaching 90% occupancy.
This one-story property benefits from master-metered electric service, public water, and a septic
system, minimizing operational complexities. It is ideally located just 10 minutes from the Colorado
River Park's boat launch, 35 miles from the famous Glamis Sand Dunes recreation area, and 30
minutes from Cibola National Wildlife Refuge, offering residents a unique blend of rural living with
recreational amenities close by.
The listing price of $850,000 represents a rare opportunity to acquire a waterfront investment
asset with immediate cash flow and tremendous value-add upside through improved leasing.
With its prime location, attractive tenant amenities, and rental upside, 80 Ben Hulse Hwy presents
a compelling investment opportunity for both seasoned and new investors alike.
Location
State CA
County Imperial
Area Palo - Palo Verde
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry Common Area
Exterior
Fence Wood
Utilities Available Electricity Connected, Water Connected
Roof Type Other
Building
Lot Description Street Level
Story 1
Water Public
Architectural Style Mobile Home
Others
Tax ID 006244010000
Security Features Resident Manager
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
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4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States