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Mobile Home Park Details

  • Price: Call for Price
  • Listing ID: 6940123
  • Posted On: Jul 11, 2025
  • Updated On: Jul 15, 2025

Description

CRI Real Estate is pleased to present the NorCal MHC Portfolio, a unique opportunity to acquire a diversified collection of four mobile home parks totaling 145 sites across the robust Northern California region. This portfolio offers an investor immediate and significant scale, with assets located in Tehama, Glenn, Lake, and Sutter counties. The portfolio is comprised of a strategic mix of communities: three age-restricted (55+) senior parks and one all-age family park. This diversification provides a broad tenant base and minimizes risk while capturing demand from multiple demographics

Investment Highlights:

- Rare Portfolio: Scale in a Northern CA Market

- Recent Capital Improvements: Major upgrades completed,
1) Walnut Estates: Completed major infrastructure upgrades in May 2025, including brand-new pavement and all-new utility meters.
2)Country Leisure: Recently upgraded with the addition of a new secondary well to enhance water system reliability and capacity.

- Attractive, High-Quality Asset Portfolio: Well-maintained communities with long-term upside.

- Minimal Park-Owned Homes: Low management burden and stable cash flow.

- Strong Occupancy: Three of the four parks are near full occupancy, reflecting tenant demand.

- Below-Market Rents: Rent growth and value-add opportunity.

- No Rent Control

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Location

4 Properties | 145 Sites
Address (4 locations)

- 7043 CA-32, Orland, CA 95963S

- 8255 State Highway 99E, Los Molinos, CA 96055

-5495 5th St, Kelseyville, CA 95451

‍-2864 Jefferson Ave, Yuba City, CA 95993

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Park Information

Community Type: All Age
Number of MH Lots: 145
Total Occupancy: 86.2 %
Average MH Lot Rent: $551

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