Contact Information
Michael Nissley
Colliers Manufactured Housing & RV Group
Mobile Home Park Details
- Price: $2,950,000
- Purchase Method: Cash, New Loan
- Listing ID: 6838809
- Posted On: Mar 7, 2025
- Updated On: Apr 7, 2025
Description
Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer the opportunity to acquire the 69-site Riverside Crossing Mobile Home Community, a well-situated affordable housing opportunity adjacent to the Sacramento River located off Interstate 5, a major north-south route convenient to Sacramento approximately 124 miles south and Redding approximately 45 miles north.
The property is made up of 69 sites with 31 MH sites, 35 RV sites, 1 apartment, 1 house, and 1 tent site. The property also has an on-site office.
Riverside Crossing MHC provides investors with expertise in stabilization and operations a prime value-add opportunity.
The asking price for the park is $2,950,000 ($42,754/total site).This represents an 8.2% cap rate on stabilized.
https://www.crexi.com/properties/1822463/california-riverside-crossing-mobile-home-park
Location
https://www.crexi.com/properties/1822463/california-riverside-crossing-mobile-home-park
If this one doesn't match your investment criteria, you can visit this link to update your criteria: https://visitor.r20.constantcontact.com/manage/optin?v=001G32ScgsZ-HBaN-LLw8ymaONrfaIP08gsvDJTr6rIEhJKAZWFDhdVbKp_vVZVTJ_yH9rY23ISFnLm_FTWgYaFrXLY1Q4uQUoukF574_gTkY4%3D
You can view our other opportunities here: https://www.crexi.com/profile/mike-nissley-mikeni
If you have a property you would like to sell or receive a valuation on, visit this link:
https://lp.constantcontactpages.com/su/buJbxgS/1031seller
Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066
MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353
RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 69 |
| Total Occupancy: | 52.0 % |
| Year Built: | 1948 |
| Size: | 10 acre(s) |
Utility Information
| Water: | Well |
| Sewer: | Septic |
