Independent Cities Lease Financing Authority, Westlake Mobilehome Park

Name of Park:

Westlake Park

Address: 2706 Aslan, Fresno, CA

Price: $13,500,000

Number of Acres: 52

Number of Spaces: 330

Occupancy: 98.5%

Year Built: 1972-76

Type of Homes: Doublewides and Triplewides

Amenities: Very high quality gated community. 3,500 S.F. Lots pond at entrance, 2 clubhouses with full amenities, pool, 2 spas, sauna, billiard room

Rent Range: $420 per month

Lease Terms: 90% CPI increase

Utilities: Sub-metered utilities

Resident Composition: Over 55

Name of Non Profit: Millenium Housing

Debt Service Coverage: 1.20x


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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