Yucaipa Redevelopment Agency

Name of Parks:

Rancho del Sol and Grandview East

Address: Rancho del Sol: 12361 4th St, Yucaipa, CA
Grandview East: 12655 2nd St, Yucaipa, CA

Price: $4,750,000

Number of Acres: Rancho del Sol: 11.51
Grandview East: 8.53

Number of Spaces: Rancho del Sol: 110 spaces and 4 apartments
Grandview East: 98 spaces and 1 home

Occupancy: Rancho del Sol: 96%
Grandview East: 97%

Year Built: Rancho del Sol: 1961
Grandview East: 1962

Type of Homes: Singles and doublewides

Amenities: Rancho del Sol: Clubhouse, shuffleboard, pool, and laundry room
Grandview East: Clubhouse, playground, laundry room, and storage garage

Rent Range: Rancho del Sol: $309
Grandview East: $270

Lease Terms: Month-to-month or five-year leases

Utilities: Gas, water, sewer and electric are submetered, and each resident reimburses the park for usage

Resident Composition: Families

Name of Non Profit: COACH of San Diego, Inc.

Debt Service Coverage
on Senior Secured Debt:
1.25X


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Rancho del Sol:

                          

Grandview East:

                          

  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