California Mobilehome Park Financing Authority

Name of Park:

Union City Tropics

Address: 3300 Almaden Blvd., Union City, CA

Price: $38,000,000

Number of Acres: 74

Number of Spaces: 544

Occupancy: 100%

Year Built: 1971 and 1976

Type of Homes: Primarily doublewides

Amenities: Clubhouse, pool, spa, indoor saunas, reading and card room, lounge, attached park office and two RV storage areas

Rent Range: $338-$520 Average $458

Lease Terms:

Month-to-month

Utilities: Water, gas, sewer and electric are available to site. Electric, gas and water services are provided directly to Phase I sites and are submetered to the individuals in Phase II of the project

Resident Composition: Seniors 55 and older

Name of Non Profit: Millennium Housing of California

Debt Service Coverage
on Senior Secured Debt:
1.35X


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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