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Mammoth Pool Mobile Home Park
Purchased June 1, 2015
Mammoth Pool park sits at 2,500 feet elevation, between Fresno and Yosemite in central California. The closest market and gas station is in North Fork, 6 miles from the park.
17 of the 32 spaces were occupied when we bought a 50% managing interest in the park. 8 of the spaces were tenant owned units and 6 of the pads were empty.
5 months later all the pads were filled with rentable homes and the park reached 90% occupancy. The on-site manager is still on board.
The park has a nice feel in the sunny California foothills, near lakes and streams. Many of the tenants are retired and some have been at the park over 20 years.