| 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 |
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
|