California Mobilehome Park Financing Authority

Name of Park:

Rancho Vallecitos MH Estates

Address: 3535 Linda Vista Dr., San Marcos, CA

Price: $18,800,000

Number of Acres: 49.9

Number of Spaces: 340 (6.8 per Acre)

Occupancy: 100%

Year Built: 1972 / 1982

Type of Homes: Doublewides

Amenities: Pool, spa, very large recreation center/clubhouse, laundry room, car wash, RV parking, views and lush landscaping

Rent Range: $360-$490

Lease Terms: Month-to-month subject to San Marcos Rent Control Ordinance

Utilities: Submetered

Resident Composition: Seniors

Name of Non Profit: Millennium Housing Corporation

Debt Service Coverage
on Senior Secured Debt:
1.40X


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  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