$2,200,000

We are pleased to exclusively present the opportunity to acquire Town and Country Mobile Home Park at 685 North State Street in the city of Hemet, California. The mobile home park is an all-age community located on the southwest corner of North State Street and East Menlo Avenue. The park sits on 1.87 acres (81,457 SF) of land and consists of thirty-six single-wide/trailer home sites with one park-owned mobile home. There is also a two-bedroom/ one-bathroom single family home located in the northeast corner of the park. The single-family home offers a pitched roof, a fenced front yard, and a private backyard. The sites are directly metered for gas and electricity and the water is sub-metered. In addition, the owner receives a flat rate reimbursement for trash and sewer. The park is serviced by city water and sewer. The mobile home park rent increases are to be reviewed by the city of Hemet Mobile Home Park Rent Commission. Town and Country Mobile Home Park is less than one mile north of Downtown Hemet Districts and the principal thoroughfare of Florida Avenue, also known as the State Route 74 that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert. Major department stores and grocery stores including Walmart, Grocery Outlet, Sprouts, Target, Smart & Final, and Stater Bros. Markets are within three-mile drive from the mobile home park. In addition, the city of Hemet is surrounded by multiple outdoor and indoor recreational opportunities for all ages including Valley Vista Community Center, Weston Park, Seven Hills Golf Club, and most famous of all, Diamond Valley Lake. The lake is one of the largest and newest reservoirs in Southern California with a capacity of 800,000 acre-feet and is world-renowned for its black bass fishing. Downtown Hemet is a vibrant community hub of the San Jacinto Valley and a unique destination that attracts tourists with its well preserved and diverse architecture, historic buildings, and small-town charm. It is divided into seven distinct districts or neighborhoods: Downtown Village District, Weston Park District, Transit Oriented District, Hemet Stock Farm District, West Latham District, Kimball Avenue Neighborhood, and Franklin Street Neighborhood. Downtown Hemet takes pride in its local traditions and history, including its agricultural past, the celebrations of the Ramona Pageant, and a rich arts community.