Lenwood Rd SB County Just Outside Barstow 24811 Community Blvd Immeuble residentiel 28 lots 1 277 148 € (45 612 €/Lot) Taux de capitalisation 6,40 % Hinkley, CA 92347

Buy, or Trade. Seller is willing to be the bank and carry the loan to a qualified buyer with $600,000 down payment or take a trade as a down payment and carry the loan. The seller is also willing to trade for a home or other property. His first choice is a home in Orange County, preferably in the Huntington Beach, Cypress, Seal Beach area, but I am obligated to present any property for trade. So, what do you have to trade?
15+/- acres at the last hard corner before 58 Fwy ramps @ the intersection of the main commercial entrance to the BNSF Railroad $1,500,000,000 ($1.5B)Project Lenwood Road & Community Drive just a hop and skip away from the front entrance of the BNSF Railroad New Train Yard which will be the Intermodal Cargo Container & Vehicle onloading and offloading largest train yard not only in America, but the largest train yard in the world
This 15+/- hard corner is only 15%+/- developed (2+/- acres) yet throws off just under $100K+/- a year in net gross income cash flow from 2 fixer single family homes, 26 RV or Mobile home pad. Imagine if you built out 200+/- pads, or did a truck stop or commercial retail one day your income would skyrocket. They expect this project to add 20,000 new jobs.
All this for just only $1,600,000. And seller will carry the loan with $600K down or do a trade, or you can pay all cash if you prefer. Let’s make a deal we can be very creative.
With brand new underground gas and electric lines going to each pad with individually metered gas and electric with all new 100 AMP pedestals so the tenants pay for the gas and electricity. The water is on a brand-new master meter, so the park pays for the water from the City of Barstow’s supply via Golden State Water. The Permitted Park Water Well for unlimited water has also been entirely rebuilt, and feeds into a hi-output pressure tank that holds 1,500 gallons. As a result, you have unlimited well water, and the City of Barstow water, with a brand-new water meter, which is a tremendous benefit. The park operates on septic which save money charged from sewage fees. There is also a large storage building with a new electrical subpanel, and a small portion of the building is used as the laundry room.
Income & Expense Statements Attached. Also attached are aerial photos, legal description and other documents.
Located at a strategic geographic choke point for the railroads, within a few miles' radius of 5 major roads. Easily accessible from Hwy 58 or the 15 Fwy or Historic Route 66 or the 40 Fwy or Hwy 247. This property is located just a few miles outside of Barstow and is in unincorporated San Bernardino County in between the communities of Barstow, Hinkley & Lenwood. It is per the tax rolls in the Barstow school District and is hooked up to the City of Barstow for water.

This 15+/- acre parcel is zoned Commercial and Industrial. The park is currently licensed as a Mobile Home Park, licensed by the State of California HCD Department, as well as use of the PERMITTED well for unlimited well water. The permitting of the park allows the owner to build mini homes, put on manufactured homes, build stick built mini homes without having to get a new permit every time you put a structure on or off any of the 16 pads. One day it might be a truck stop, commercial center, or add 200+/- more pads.