| Name
of Park: |
Rancho
Brea Mobilehome Estates
|
| Address: |
1414
West Central, Brea, CA
|
| Price: |
$5,051,145
|
| Number
of Acres: |
8.71
|
| Number
of Spaces: |
100
(11.48 per Acre)
|
| Occupancy: |
100%
|
| Year
Built: |
Early
1960's
|
| Type
of Homes: |
Primarily
doublewides
|
| Amenities: |
Clubhouse,
pool, spa, laundry room
|
| Rent
Range: |
$445-$600
|
| Lease
Terms: |
There
are five lease versions currently in the park.
They vary from 7.5% annual increases to a minimum
3%- maximum 7% annual increases based on CPI.
|
| Utilities: |
Gas,
electric and water are submetered, and residents
pay for their usage. Trash and sewer are billed
at a flat rate to each space. Park owns the utilities.
|
| Resident
Composition: |
All
Ages
|
| Name
of Non Profit: |
Caritas
Affiliated Corporation No. 3
|
Debt
Service Coverage
on Senior Secured Debt: |
1.30X |
click
on images for larger view
|
|
|
Kinsell,
Newcomb & De Dios
2776 Gateway Road
Carlsbad, CA 92009
500 West Santa Ana Blvd,
Ste 350 Santa Ana, CA 92701
Phone: (858) 793-5900
or (760) 444-1000
Fax: (858) 793-8340
or (760) 444-1031
info@kndinc.com
|
