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Millman Team Real Estate

$1,500,000
2.50 Acre Lot

11398 Bartlett, Adelanto, California 92301

  • Commercial Sale Property Type
Property Description

Excellent investment opportunity in Adelanto! This 16-space mobile home park, situated on over 2.5 acres, offers immediate cash flow with a 6.63% current cap rate and a projected pro forma of 8%+. The property features a value-add potential with space to add 3 to 4 more units. Sale includes all mobile home trailers, with three units recently remodeled. Additionally, the site includes an on-site commercial building with a steady income from a bakery tenant. Significant recent upgrades include a newly improved septic system (2024). All leases are month-to-month, providing maximum flexibility for rent increases and management. Ideally located with easy access to Hwy 395.

Basic Details
Commercial Sale
For Sale
PW26090078
$1,500,000
2.50 Acre
Active
Multi Family
Features
: None
$0
Address Map
CA
San Bernardino
Adelanto
92301
Bartlett
11398
W118° 35' 0.7''
N34° 34' 46.3''
North on Bartlett Ave from CA-18. Property on the right, between Aster Rd and US-395.
ADL - Adelanto
Additional Information
$0
$0
$0
$0
$0
108900
1
: 11-15 Units/Acre
2026-04-26
150000
1
: Private
Broker/Agent Information
Coldwell Banker Best Realty
Kyungae Yoon
Listing Information
Esther Lee
PWESTLEE
PB7892
Coldwell Banker Best Realty
PWYOOKYU
PB7892
Active
2026-05-14T18:10:00Z
CRMLS
: Standard
2026-04-26T17:19:40Z
Agent info
Ray Millman
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