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Riverside Crossing Mobile Home Park 24630-24660 Tehama Vina Rd Immeuble residentiel 71 lots 1 708 629 € (24 065 €/Lot) Los Molinos, CA 96055
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Résumé analytique
Riverside Crossing Mobile Home & RV Park is a rare riverfront value-add investment opportunity located along the Sacramento River in Los Molinos, CA. The property is situated on approximately 9.9 acres and includes approximately 70 mobile home/RV sites plus an additional apartment.
The offering presents significant upside through lease-up, rent growth, operational improvements, utility reimbursement, and potential activation of underutilized riverfront areas. Current occupancy is approximately 40%, creating a clear stabilization opportunity for an experienced operator.
The property benefits from approximately 700 feet of Sacramento River frontage, proximity to Mill Creek Park, nearby boat launch access, and convenient regional connectivity to Chico, Red Bluff, and surrounding Northern California markets.
Ownership may consider attractive seller financing terms for qualified buyers. Buyer to verify all site counts, zoning, permits, financials, expansion potential, and future use.
Listing Highlights:
Asking Price: $2,150,000
Approx. 70 Mobile Home/RV Sites + Apartment
Approx. 9.9 Acres / 431,243 SF
Current Gross Income: $261,932
Pro Forma Gross Income: $561,600
Current NOI: $27,356
Pro Forma NOI: $298,944
Current GRM: 8.21x
Pro Forma GRM: 3.83x
Price Per Space: Approx. $30,714
Current Occupancy: Approx. 40%
Seller Financing Available
The offering presents significant upside through lease-up, rent growth, operational improvements, utility reimbursement, and potential activation of underutilized riverfront areas. Current occupancy is approximately 40%, creating a clear stabilization opportunity for an experienced operator.
The property benefits from approximately 700 feet of Sacramento River frontage, proximity to Mill Creek Park, nearby boat launch access, and convenient regional connectivity to Chico, Red Bluff, and surrounding Northern California markets.
Ownership may consider attractive seller financing terms for qualified buyers. Buyer to verify all site counts, zoning, permits, financials, expansion potential, and future use.
Listing Highlights:
Asking Price: $2,150,000
Approx. 70 Mobile Home/RV Sites + Apartment
Approx. 9.9 Acres / 431,243 SF
Current Gross Income: $261,932
Pro Forma Gross Income: $561,600
Current NOI: $27,356
Pro Forma NOI: $298,944
Current GRM: 8.21x
Pro Forma GRM: 3.83x
Price Per Space: Approx. $30,714
Current Occupancy: Approx. 40%
Seller Financing Available
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Informations sur l’immeuble
Caractéristiques
Caractéristiques du site
- Bord de l’eau
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 72 | - | - |
1 1
Plutôt praticable à pied
20/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
20/100
Assez praticable en vélo
20/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 390 877 € | |
| Évaluation du terrain | 579 296 € | Évaluation totale | 970 174 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
579 296 €
Évaluation des aménagements
390 877 €
Évaluation totale
970 174 €
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Riverside Crossing Mobile Home Park | 24630-24660 Tehama Vina Rd
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