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Driftwood & River Inn Parks 24630-24660 Tehama Vina Rd 71 Unité Parc mobile 2 962 657 $ CAD (41 728 $ CAD/Unité) Los Molinos, CA 96055
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Résumé de l'annonce
Riverside Crossing Mobile Home & RV Park is a rare riverfront value-add investment opportunity located along the Sacramento River in Los Molinos, CA. The property is situated on approximately 9.9 acres and includes approximately 70 mobile home/RV sites plus an additional apartment.
The offering presents significant upside through lease-up, rent growth, operational improvements, utility reimbursement, and potential activation of underutilized riverfront areas. Current occupancy is approximately 40%, creating a clear stabilization opportunity for an experienced operator.
The property benefits from approximately 700 feet of Sacramento River frontage, proximity to Mill Creek Park, nearby boat launch access, and convenient regional connectivity to Chico, Red Bluff, and surrounding Northern California markets.
Ownership may consider attractive seller financing terms for qualified buyers. Buyer to verify all site counts, zoning, permits, financials, expansion potential, and future use.
Listing Highlights:
Asking Price: $2,150,000
Approx. 70 Mobile Home/RV Sites + Apartment
Approx. 9.9 Acres / 431,243 SF
Current Gross Income: $261,932
Pro Forma Gross Income: $561,600
Current NOI: $27,356
Pro Forma NOI: $298,944
Current Cap Rate: 1.27%
Pro Forma Cap Rate: 13.90%
Current GRM: 8.21x
Pro Forma GRM: 3.83x
Price Per Space: Approx. $30,714
Current Occupancy: Approx. 40%
Seller Financing May Be Available
The offering presents significant upside through lease-up, rent growth, operational improvements, utility reimbursement, and potential activation of underutilized riverfront areas. Current occupancy is approximately 40%, creating a clear stabilization opportunity for an experienced operator.
The property benefits from approximately 700 feet of Sacramento River frontage, proximity to Mill Creek Park, nearby boat launch access, and convenient regional connectivity to Chico, Red Bluff, and surrounding Northern California markets.
Ownership may consider attractive seller financing terms for qualified buyers. Buyer to verify all site counts, zoning, permits, financials, expansion potential, and future use.
Listing Highlights:
Asking Price: $2,150,000
Approx. 70 Mobile Home/RV Sites + Apartment
Approx. 9.9 Acres / 431,243 SF
Current Gross Income: $261,932
Pro Forma Gross Income: $561,600
Current NOI: $27,356
Pro Forma NOI: $298,944
Current Cap Rate: 1.27%
Pro Forma Cap Rate: 13.90%
Current GRM: 8.21x
Pro Forma GRM: 3.83x
Price Per Space: Approx. $30,714
Current Occupancy: Approx. 40%
Seller Financing May Be Available
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
Commodités
Commodités du site
- Bord de l’eau
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 72 | - | - |
Plutôt practicable à pied
20/100
Exceptionnellement facile d'accès en voiture
90/100
Transports en commun limités
20/100
Assez praticable en vélo
20/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 602 954 $ CAD | |
| Évaluation du terrain | 893 164 $ CAD | Évaluation totale | 1 496 118 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
893 164 $ CAD
Évaluation des bâtiments
602 954 $ CAD
Évaluation totale
1 496 118 $ CAD
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Driftwood & River Inn Parks | 24630-24660 Tehama Vina Rd
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