80 Ben Hulse Hwy Rd, Palo Verde, CA 92266

Property Description

45-site manufactured housing and RV community located in the peaceful, waterfront town of Palo Verde, California. Originally developed in 1950, the property offers approximately 2.59 acres of land with direct frontage to a Colorado River offshoot, featuring a private dock and nearby boat ramping area. The community is comprised of 44 rentable spaces and a 3-bedroom single-family home, currently achieving 48% occupancy with significant upside potential as occupancy approaches stabilization levels. Residents enjoy a host of amenities, including a clubhouse, fenced grounds, on-site laundry facilities, property management services, and direct waterfront access. Each tenant is charged $450 per month plus utilities, with potential income nearly doubling upon reaching 90% occupancy. This one-story property benefits from master-metered electric service, public water, and a septic system, minimizing operational complexities. It is ideally located just 10 minutes from the Colorado River Park’s boat launch, 35 miles from the famous Glamis Sand Dunes recreation area, and 30 minutes from Cibola National Wildlife Refuge, offering residents a unique blend of rural living with recreational amenities close by. The listing price of $850,000 represents a rare opportunity to acquire a waterfront investment asset with immediate cash flow and tremendous value-add upside through improved leasing. With its prime location, attractive tenant amenities, and rental upside, 80 Ben Hulse Hwy presents a compelling investment opportunity for both seasoned and new investors alike.