Contact Information

Neil Howard
Pine Grove Mobile Home Park

Mobile Home Park Details

  • Price: $699,000
  • Purchase Method: Seller Financing
  • Cap Rate: 11.6% (Pro Forma)
  • Listing ID: 6930708
  • Posted On: Jun 27, 2025
  • Updated On: Jun 29, 2025

Description

Beautiful family-friendly mobile home park in the heart of the peaceful Fall River Valley. This property consists of two adjacent parcels totaling 10.4 acres. The park includes 12 mobile homes, 1 single family home, 4 cabins and 2 RV spaces. In addition, there are 8 mini-storage buildings on site.

Electricity is sub-metered and the park has its own well for water supply. There are 5 well-maintained septic systems - all of them pumped within the last 4 years, the most recent being last year. A utility room attached to the house contains a coin-operated washer and dryer for resident use.

The two parcels include approximately 6 acres of tillable land and are zoned mixed use, suitable for residential, commercial or light industrial.

Location

Quiet family-friendly mobile home park in the beautiful Fall River Valley 75 miles northeast of Redding, CA, situated on 4 acres of pines and open space. Endless development opportunities on adjacent 6.4 acre parcel, included in this sale, zoned mixed use (residential, commercial, light industrial)

Amenities

  • Laundromat
  • Storage
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Park Information

Number of MH Lots: 12
Total Occupancy: 100.0 %
Year Built: 1960
Average MH Lot Rent: $400
Size: 10 acre(s)

Financial Information (Pro Forma)

Gross Income: $107,880
Operating Expense: $27,124
Net Operating Income: $80,756
Expense Ratio: 25.1 %
Debt Info: No debt

Lot Information

Singlewide Lots: 10
Doublewide Lots: 2

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $400

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $532

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