Avenue Trailor Town - LoopNet · 251 N. Ventura Avenue Ventura California Property Size: 2.18 Acres / 95,165 square feet Assessor Parcel: 071-180-370 (83,635 sq. ft.) 075-0-221-225

Avenue Trailer Town 251 N. Ventura Avenue Ventura, California

Ron Polito 805-676-9400 ext. 102

DRE 00558824Don L. Carlton Realty Inc.

For Sale Avenue Trailer Town

$3,875,000.00

251 N.Ventura Avenue Ventura, CA Ron Polito

805-676-9400 ext. 102DRE 00558824

Don L. Carlton Realty Inc

Price: $3,875,000.00

Actual Gross Income: $516,560.00

Expenses: $277,895.00

Net Income: $238,665.00

Cap Rate: 6.15%

Property Size: 95,165 square feet

Spaces: 68

Property Summary

Location: 251 N. Ventura Avenue Ventura California

Property Size: 2.18 Acres / 95,165 square feet

Assessor Parcel: 071-180-370 (83,635 sq. ft.) 075-0-221-225 (11,530 sq. ft.)

Zoning: T-4.2, T 5.1

Ownership Interest: Fee Simple

Access To property:

Ventura Avenue and North Garden Street

Tenants: Rent Roll upon request

Ron Polito 805-676-9400 ext. 102

bre Don L. Carlton Realty Inc

Investment SummaryRon Polito

805-676-9400 ext. 102DRE 00558824

Don L. Carlton Realty Inc.

251 N. Ventura Avenue Ventura, CA

Property Description

Subject

This information comes from sources believed to be reliable, but is not guaranteed

• Avenue Trailer is a 68 space RV location on 95,165 square feet land, with longer term living tenants within the City of Ventura providing alternative housing in a tight residential market.

• Avenue Trailer Town benefits from being expertly managed, applying high community standards and professional processing of new residents. This community is well maintained as a tour of the property will reflect a pride of ownership.

• The property has a prime location within the City of Ventura. Close to the beaches, and downtown Ventura. An ease of access to the 101 and 33 freeways in both north and south directions contribute ease for the residents to commute. Many amenities are in the area including a retail center anchored by Vons and Rite Aid.

• This area is experiencing major residential development. There is a newer 32 two unit condominium development “Pacific Pointe” adjacent to this property, and a 72 unit “Cannery Row” complex a few lots away. Units in those projects have recently sold in “The Cannery in the $585.00 to $ 595.00 per square foot range. In Pacific Pointe $365.00 to $386.00 square foot range.

• Under-construction is 28 unit complex is to the rear of the property. A proposed 35 unit complex is in the planing process adjacent to Cannery Row complex

• Zoning on the property is T-4.2 and T5.1

• This property presents a rare opportunity for the investor / developer to receive income from the tenants as you proceed through the entitlement/development process if you choose to develop.

• City of Ventura has a tight residential housing and rental market. This property has the potential of being a infill project in a progressive area, this is a great opportunity for the astute developer as infill re-development project’s are viewed positive with municipalities.

Ron Polito 805-676-9400 ext. 102


For Sale 3440 Main Street Ventura, California

Ron Polito805-676-9400 ext. 102

DRE 00558824 Don L. Carlton Realty Inc.

251 Ventura Avenue Ventura, CA

Property Highlights


Ron Polito 805-676-9400 ext. 102


For Sale 3440 Main Street Ventura, California

Ron Polito805-676-9400 ext. 102

DRE 00558824 Don L. Carlton Realty Inc.

251 Ventura Avenue Ventura, CA

Highway 33

28 Residential Units Under Construction

35 Residential Units in Planning

Cannery 78 Condominiums

Pacific Pointe Condominiums 32 Units

Subject Property


251 Ventura Avenue Ventura, CA Ron Polito

805-676-9400 ext. 102DRE 00558824

Don L. Carlton Realty Inc

Area Properties

Pacific Pointe Condominiums The Cannery


Avenue Trailor Town - LoopNet · 251 N. Ventura Avenue Ventura California Property Size: 2.18 Acres / 95,165 square feet Assessor Parcel: 071-180-370 (83,635 sq. ft.) 075-0-221-225

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