Mobile Home Park Details

  • Cap Rate: 6.5%
  • Listing ID: 15615
  • Posted On: Aug 20, 2010
  • Updated On: Jul 14, 2011

Description

This is the Sacramento River side River Inn MHP and adjacent
is the Driftwood RV Park, which can be purchased with the
MHP or separately. This Park owns all of the units, and has
a very stable rental history due to the location on the
River and overall convenience to both Red Bluff and Chico,
CA. Both of these Parks can be purchased with the Whispering
Waters MHP in Anderson, CA, also on the Sacramento River.
Park is older but in very good condition, and the units have
been well taken care of. Office and social area in office,
plus a number of outbuildings, canoe area, and rec room,
plus laundry and restroom area. Right on the River as photos
show.See video at

www.youtube.com/ronlargentcommercial
or e-mail for details

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Park Information

Number of MH Lots: 37
Total Occupancy: 95.0 %
Year Built: 1960
Average MH Lot Rent: $600
Size: 3 acre(s)

Park-Owned Homes

Number of Park-owned Homes: 37
Average Rent for Park-owned Homes: $600

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