Rare opportunity to acquire a 20-unit mobile home park plus 1 additional RV space situated on approximately 1.41 acres along Lacey Boulevard in Hanford. This is a fully self-managed investment property with all mobile homes owner by the seller and leased directly to tenants, creating a strong and consistent income-producing asset.
The property offers investors long-term upside due to its strategic location and future infrastructure improvements planned within the area. According the information provided by the City Engineer for Hanford, the City is planning the future expansion of Ninth Avenue north to Grangeville Boulevard, which is expected to create a future signalized hard corner at Lacey Boulevard. Current understanding is that design work is anticipated to begin around 2028. In addition, information from Caltrans indicated the planned overpass project is projected to begin approximately in 2032 with anticipated completion around 2034 as part of the future southern expansion of Hanford.
This presents a unique opportunity to generate immediate cash flow today while positioning for potential future redevelopment or increased commercial significance as the area continued to grow and improve.
