Call For Offers: Wednesday, April 23, 2025 Bel Air Mobile Home Park is a 68-site, all age community in Hanford, Kings County, with a 94.12% occupancy rate consisting of 38 mobile homes and 26 RVs. All homes are tenant-owned, reducing maintenance responsibilities and ensuring stable income. The community is fully permitted for 68 mobile home sites, providing an opportunity to convert RV spaces to manufactured homes for stabilized long-term revenue. This turnkey investment benefits from an onsite manager who oversees operations, keeping management streamlined and efficient. Additionally, the property has no rent control, allowing a new owner to capitalize on future rent growth. Below-market rents further enhance the upside potential, with room to align rates with market averages. The park operates on municipal water and sewer, with electric and gas directly billed to tenants. Currently, the landlord covers water, sewer, and trash, but a new owner has the opportunity to implement a utility bill-back system, helping to offset expenses and improve NOI. Hanford serves as the economic center of Kings County, supported by agriculture, manufacturing, healthcare, and Naval Air Station Lemoore, which employs over 7,000 personnel. The city's population of 58,000+ continues to grow, fueled by expanding job opportunities. Its strategic location along major highways ensures easy access to employment centers, while the limited housing supply sustains high demand for affordable mobile home communities. Bel Air MHP is ideally located near retail centers, schools, healthcare facilities, and Hanford’s historic downtown, making it a desirable and convenient place to live. Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.