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Coastal California Mobile Home Park Gets Top Dollar for Property Type

Property in San Diego Suburb of Encinitas Goes for More Than $390,000 Per Unit

The 22-unit Hilltop Mobile Home Park in Encinitas, California, recently sold for $8.6 million. (Colliers International)
The 22-unit Hilltop Mobile Home Park in Encinitas, California, recently sold for $8.6 million. (Colliers International)

Park Management Inc. has purchased a 22-unit mobile home park in Encinitas, California, for $8.6 million, or $390,909 per unit — a price well above recent per-unit averages out west in a commercial investment category that is growing in demand, according to brokers.

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