5084 Pentz Rd 44 Unit Mobile Home Park $977,144 CAD ($22,208 CAD/Unit) 9.02% Cap Rate Paradise, CA 95969

Northmarq is pleased to present the exclusive opportunity to acquire Pine Ridge RV
Park & Storage, a mixed-use RV park and vehicle storage facility located in Paradise,
California, nestled in the Sierra Nevada foothills just twelve miles east of Chico and
approximately ninety miles north of Sacramento.
Situated on a large ±8.00-acre parcel, Pine Ridge features 44 total spaces, including
a mix of back-in and pull-through RV sites as well as open vehicle storage. The property
provides multiple income streams and appeals to both long-term tenants and transient
guests drawn to Paradise’s scenic setting and small-town charm. With on-site utilities,
asphalt and gravel paving, and tenant insurance in place, the facility is positioned for
continued stability and operational efficiency.
Currently producing a 9.02% cap rate on in-place income, the property demonstrates
meaningful upside through revenue optimization and modest management enhancements.
Average in-place rents of $344 per space trail the highest achieved rents of $435 per
space, representing a 26% potential rent lift based on recent leasing performance.
Continued rent standardization, occupancy stabilization, and utility reimbursement
capture present clear pathways to improved cash flow and long-term value creation.
Offered at $700,000, or $15,909 per space, Pine Ridge RV Park & Storage represents
an exceptional opportunity to acquire an income-producing RV and storage asset at
a below-replacement cost basis. The property’s strong in-place yield, tangible rent
growth potential, and location within a resilient Northern California submarket make it
a compelling investment for private buyers and regional operators seeking yield and
scalability in an alternative asset class.