Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.7%
- Listing ID: 440084
- Posted On: Apr 23, 2014
- Updated On: Jul 27, 2015
Description
Opportunity of a lifetime just waiting for the right person. Beautiful location with permitted harbor with direct access to the Sacramento River. Could be a senior MHP with marina. There are (80) RV spaces with drains,(11) mobile home spaces, Club House, office with living quarters, laundry with restrooms. Next to county park with boat launch. All of situated on 8.8 valuable acres with its own street access. All of this for only $545,000. New Price includes $50,000. price reduction ! Seller will consider all cash offers only !
Location
Located in the small northern California town of Los Molinos near Chico & Red Bluff. Take Highway 99E to Los Molinos, then west on Tehama Vina Rd., right onto River Ave. , left into Hidden Harbor Drive(park entrance). Do not disturb tenants. Make appt. with agent prior to park visit. Parklike setting on the Sacramento River.
Amenities
- Laundromat
- Club House
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 25.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $400 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $40 |
Lot Information
| Singlewide Lots: | 5 |
| Doublewide Lots: | 7 |
RV Information
| Number of RV Lots: | 80 |
| Average RV Lot Rent: | $345 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
