39950 7 Oaks RdAngelus Oaks, CA 92305

  • Residential income properties
  • 40.00 AC
For Sale
$6,700,000 View listing

Property Details for 39950 7 Oaks Rd

Construction
WOOD FRAME
Lot size
40.00 AC
Property type
Residential income properties
Property subtype
Mobile home & RV parks
APN
0305-011-23-0000
APU
305011230000

Description

This exceptional 40-acre mobile home park, Seven Oaks Mountain Resort, presents a unique investment opportunity in Angelus Oaks, CA. Located at 39950 7 Oaks Road, 92305, this established community boasts 55 home sites, currently housing 16 mobile homes and 7 cabins, with 5 vacant lots and space for 10 RVs. Land lease rates range from $475 to $725 per month, encompassing trash, water, and sewer services. The property features extensive amenities including a pool, restaurant, bar, fully equipped commercial kitchen, laundry and shower facilities, a maintenance garage, and numerous campsites with hookups and BBQ areas. Paved streets are maintained by San Bernardino County. The water supply is sourced from a well, and the sewer system is septic. This sale includes water and mineral rights. Built in 1917, the property consists of 26 buildings situated on a 40-acre lot (APN: 0305011230000). The asking price is $6,700,000, with an occupancy date of September 30, 2024. This is a sale/leaseback opportunity with a ground lease in place. The stunning mountain views and tranquil setting create an idyllic environment for residents. This property offers significant potential for expansion and increased revenue generation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $503,969,088
    6.5%
    $465,202,240
    7%
    $431,973,504
  • Comparable approach

    Method
    Valuation
    Relative Method
    $421,897,152
    Geo Method
    $856,787,904
  • Alternative Use

    Use
    Valuation
    Residential
    $465,202,240
    Hospitality
    $426,122,752
    Educational
    $354,529,120
    Medical
    $366,721,920
    Retail
    $551,489,728
39950 7 Oaks Rd, Angelus Oaks, California

Location Insight

City
Angelus Oaks
County
San Bernardino
State
California
Latitude
34.1807
Longitude
-116.93
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,731
$413,984
$706,032
$1,120,016
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].