Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0%
- Listing ID: 422045
- Posted On: Jan 21, 2014
- Updated On: May 20, 2014
Description
Situated in the City of Red Bluff, County of Tehama,CA. The park is located several blocks from the Commercial area of Antelope Blvd. and within1/4 to Interstate #5 Freeway connecting California, Oregon & Washington States. Red Bluff is a smaller, thriving Community in Northern California.
The Park consists of (44) MH spaces, an apartment of (3) units , (1) single family home with office and (33) park owned mobiles. Park owned units rent for $525 , apartment units rent for $450 , mobile home spaces rent for $325.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 44 |
| Total Occupancy: | 82.0 % |
| Year Built: | 1969 |
| Average MH Lot Rent: | $325 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $180 |
| Operating Expense: | $74 |
| Net Operating Income: | $105 |
| Expense Ratio: | 41.1 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 44 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 33 |
| Average Rent for Park-owned Homes: | $525 |