P i n e G r o v e MHP - for Sale in Paradise, California

1370 Garnet Lane
Paradise, CA 95969
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Sale Price: $3,750,000

Broker Information

Vince Reynolds Norman Sangalang
MHRV Advisors
www.mhrvadvisors.com

Mobile Home Park for Sale

Status: Active
Property ID: 112136
Posted on: Dec 20, 2011
Updated on: Dec 20, 2011
Price: $3,750,000

Property Description

MHRV ADVISORS: Northern California park in Paradise! Centrally located near Schools, Churches and the cities biggest shopping center. 78 space with a beautiful pool, clubhouse, laundry facilities all set amongst a park like setting with large trees and greenbelt around the clubhouse and pool. The park is on City Water and has a brand new state of the art sewer septic system that was replaced in 2007. Gas and Electric are directly bill by utility company to residents. Water is sub-metered and trash is also billed per month. Space rents in the park are $355 to $400.

Owner has been purchasing homes in the park and rehabbing them for sale with great success. The park has 4 vacant spaces and owner expects 2 of them to be filled in the coming months. There are currently 2 park owned homes available.

Paradise is know as a retirement community with some residents commuting down the hill to nearby Chico. Paradise and its neighbor Chico have been ranked as one of the top Green Cities in the country.

Existing loan of approximately $1,300,000 at 7.2% can be paid off or assumed.

>>> For a full market package please visit our website at http://www.mhrvadvisors.com

Vince Reynolds
(858) 456-5111
reynolds@mhrvadvisors.com

Norman Sangalang
(858) 456-5110
norman@mhrvadvisors.com

Location Description

<< DO NOT CONTACT MANAGER OR DISTURB TENANTS >> Any and all visits must be approved by listing brokers first. For more information please download the full Adobe PDF package from http://www.mhrvadvisors.com or call Vince Reynolds or Norman Sangalang for mobile home and RV parks for sale or refinancing and purchase loans. MHRV Advisors is a full cooperating brokerage firm that openly engourages agent and broker participation on all of our listings