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311 Sweet Springs Arroyo Grande, CA

$4,500,000

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Property Description

Attention all mobile home park investors and developers. Rare opportunity to buy a mobile home park on 37+ acres in rural Arroyo Grande, CA. Located just minutes from the village area, this amazing property is surrounded by million dollar properties and boasts beautiful canyon and ocean views. The park currently includes 17 units (14 Park Owned Units and 3 Tenant Owned Units collecting space rents). Park density is being increased to 26 units and is in its last phase needed for approval via the the County of San Luis Obispo. New ownership group would then be clear to add additional units to maximize density. Many site improvements have been made in preparation of the density increase to include utilities, access bridge, and onsite water system highlighted by multiple wells and 110k gallon storage tank. Contact for more information!

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Property Information

  • Address: 311 Sweet Springs, Arroyo Grande, CA 93420. 
  • Price: $4,500,000 
  • MLS #: NS20122834 
  • Listing Courtesy of: Sphere Partners, Inc. 
  • City: Arroyo Grande 
  • Postal Code: 93420 
  • County: San Luis Obispo 

Other

  • Description: Attention all mobile home park investors and developers. Rare opportunity to buy a mobile home park on 37+ acres in rural Arroyo Grande, CA. Located just minutes from the village area, this amazing property is surrounded by million dollar properties and boasts beautiful canyon and ocean views. The park currently includes 17 units (14 Park Owned Units and 3 Tenant Owned Units collecting space rents). Park density is being increased to 26 units and is in its last phase needed for approval via the the County of San Luis Obispo. New ownership group would then be clear to add additional units to maximize density. Many site improvements have been made in preparation of the density increase to include utilities, access bridge, and onsite water system highlighted by multiple wells and 110k gallon storage tank. Contact for more information! 
  • List Date: July 9, 2020 
  • Status: Active 
  • Directions: Exit Hwy 101 onto Grand/Branch heading Eastbound towards Huasna Rd., Follow Huasna Rd. to Lopez Dr., Turn onto Sweet Springs Rd. 

Other

  • Listing Agent State License: 01939169 
  • Listing Office State License: 02052461 

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Based on information from California Regional Multiple Listing Service, Inc. as of January 20th, 2021 at 14:05:38PM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.