City of Moorpark

Name of Park:

Villa del Arroyo

Address: 15750 Los Angeles Ave., Moorpark, CA

Price: $13,200,000

Number of Acres: 67.22

Number of Spaces: 240 and 1 apartment

Occupancy: 100%

Year Built: 1980

Type of Homes: 228 doublewides and 12 triplewides

Amenities: Clubhouse, pool, spa, tennis courts, RV storage, horseshoes, and bike/walking trails

Rent Range: $445-$600 Average $484

Lease Terms: Subject to Moorpark's rent control. No park-owned rentals. Five-year lease and month-to-month agreements available. Annual increase of 2.3%

Utilities: Water, sewer, gas, and electric are available to the site, but only gas and water are submetered. Electric is provided directly from the utility company

Resident Composition: Families

Name of Non Profit: Augusta Homes Villa Montclair Corporation

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