$5,795,000

Desert Valley Estates is an 88-site, all-age manufactured housing and RV community located in Desert Hot Springs, Riverside County, Southern California. The property consists of approximately 7.44 acres across two parcels and is HCD permitted for 70 manufactured housing sites and 18 RV sites with drains. The community features 81 tenant-owned homes, 6 park-owned homes, and 1 park-owned RV, with all park-owned homes and the RV included in the sale. The community is currently 100% occupied with 88 sites, and includes an additional 21 storage containers and 21 designated RV storage spaces, providing supplemental income in addition to residential site rents. A 3.1% rent increase is scheduled to take effect on December 1, 2026, providing near-term rental income growth. The property also generates supplemental income from 18 occupied storage containers averaging $80 per month and 11 occupied RV storage spaces averaging $90 per month. The remaining 3 vacant storage containers and 10 vacant RV storage spaces present an opportunity to generate approximately $13,680 in additional annual gross rental income upon full lease-up at current average rental rates. The property features a solar system expected to be completed by the end of November 2026. The system will serve the master-metered