35475 National Trails
Daggett, CA 92327
$1,274,000
- 1.23 acres
- Built 1945
Listed by MARCUS & MILLICHAP · MLS #CV26155323
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A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1945.
Property size
1.23 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
El Rancho Mobile Home Park, a 32-unit all-age community located at 35475 National Trails Highway in Daggett, California. Situated on approximately 1.23 acres with roughly 53,760 gross square feet, the offering includes 29 mobile home spaces, one 2-bedroom / 2-bathroom, and two 1-bedroom / 1-bathroom apartment units, along with an on-site laundry facility that provides supplemental income. The sale includes five notes totaling $127,000 with a 2-4 year loan maturity. The park sits along historic Route 66 in San Bernardino County's High Desert region, just 10 miles east of Barstow and within easy reach of Victorville and the broader Interstate 40/Interstate 15 logistics corridor. The park operates on a septic system, and ownership has recently invested in upgrading the electric and gas service to direct meters, allowing those utility costs to be billed directly to residents. Water and trash are sub-metered and billed back to residents as well.
El Rancho Trailer Park is currently operating at approximately 60% occupancy, and even at this reduced occupancy the property produces a 7.20% cap rate on the current scheduled income. As the park is leased up toward market occupancy (modeled here at a conservative 10% vacancy factor), proforma income grows to a 12.31% cap rate and a Net Operating Income of $156,839 — nearly double current NOI. This spread between current and proforma performance represents the core opportunity: a well-located, physically sound mobile home park with substantial embedded upside for an operator with lease-up experience.
Daggett is an unincorporated community in San Bernardino County located directly on National Trails Highway — the original alignment of Route 66 — roughly ten miles east of Barstow along the Interstate 40 corridor. Daggett is also home to the Barstow-Daggett Airport and sits adjacent to several large-scale solar and battery storage installations that have brought new construction activity and investment to the immediate area.
Just recently, the city announced the approval of a four billion dollar BNSF rail hub. Barstow is home to Marine Corps Logistics Base Barstow, a significant regional employer, and BNSF has committed to the multi-billion-dollar expansion of its Barstow rail yard into an integrated intermodal facility aimed at relieving congestion at the Ports of Los Angeles and Long Beach.
THE NEIGHBORHOOD
Explore the location.
35475 National Trails, Daggett, CA 92327
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THE DETAILS
The details, all in one place.
- Property type
- ResidentialIncome
- Category
- Residential
- Year built
- 1945
- Garage spaces
- 0
- Pool
- No
- Pool features
- None
- Parcel
- 0516202030000
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
OWNERSHIP, WITH A PLAN
Investor outlook.
Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.
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35475 National Trails, Daggett, CA 92327 · MLS #CV26155323
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Listing information
MLS #CV26155323 · California Regional MLS
Listing brokerage: MARCUS & MILLICHAP
Listing agent: Douglas McCauley
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
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