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Acres of Paradise 6280 Pentz Rd 58 Unité Parc mobile 1 475 565 $ CAD (25 441 $ CAD/Unité) Paradise, CA 95969



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Faits saillants de l'investissement
- Seller Financing - 25% down payment, 75% seller carry at 6% interest only for 5 years offered for qualified buyers.
- PG&E Installation - New electric and gas lines and connections have been established by PG&E for direct-billed service.
- HCD Permitted Sites - Acres of Paradise has an active permit to operate and is HCD-permitted for 53 MH sites and 5 RV sites with drain.
- Pre-Development - Final stages of pre-development underway with design for the mobile home park and septic system complete.
- Septic Design Complete - Septic system design engineering has been completed.
- Location - The property is located within 7 min of major retail and services in Paradise, CA; 27 min of Chico; and 1 hour 40 min of Sacramento
Résumé de l'annonce
Acres of Paradise is a 58-site, 15.2-acre all age manufactured home community development opportunity, located in Paradise, Butte County, CA, and offered at $1,050,000 with seller financing. The Property has an active permit to operate and is HCD-permitted for 53 manufactured home sites and 5 RV sites with drain, providing for a predominantly long-term community with the RV component offering income diversification. Substantial engineering, design, and utility work has already been completed, reducing a new owner's timeline to accepting residents.
The Property is offered with attractive seller financing terms of 25% down payment and 6.00% interest only rate over a five-year term with no prepayment penalty. This structure is intended to provide runway for the buyer to obtain final approvals, develop sites, remaining infrastructure, and in-fill the community. Comparable manufactured home communities in Paradise command space rents averaging $582 per month and are achieving average occupancy of 88%, supporting the income potential of the completed community.
The offering price of $1,050,000 for Acres of Paradise MHP equates to $18,103 per site and $69,079 per acre. Comparable manufactured home community development opportunities in Paradise, CA with gas and electric installed have traded for an average of $21,589 per site and $152,917 per acre. The property’s pricing equates to a 16% discount to the comparable average price per site and 55% discount to the comparable average price per acre, offering an attractive investment basis.
Pre-development is in its final stages; the mobile home park site design and septic system engineering are complete, and PG&E has already installed new electric and gas lines and connections for direct-billed utilities. The septic system has been engineered as a wastewater treatment system consisting of one lift station, one 15,000-gallon tank, and leach lines located in the lower southeast portion of the Property. Public water service is available through Paradise Irrigation District. Water service is currently active, the city meter is operational, and the Town of Paradise has approved the initial plans. The current owner has completed all debris removal work and has engineered the unit layout, fire hydrant installation, grading, communication utility infrastructure, retaining wall, storm drain, erosion control, tree planting, and irrigation improvements, which are ready to submit for HCD approval.
Following the 2018 Camp Fire, Paradise has experienced steady population recovery and rebuilding, while the high cost and measured pace of new single-family construction drives demand toward manufactured housing. The community sits within 7 min of retail and services in Paradise, 27 min of Chico, and 1 hour 40 min of Sacramento, with large commuter and retiree resident bases supporting long-term occupancy stability. Acres of Paradise offers a rare combination of entitled, utility-ready development and built-in seller financing!
Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.
The Property is offered with attractive seller financing terms of 25% down payment and 6.00% interest only rate over a five-year term with no prepayment penalty. This structure is intended to provide runway for the buyer to obtain final approvals, develop sites, remaining infrastructure, and in-fill the community. Comparable manufactured home communities in Paradise command space rents averaging $582 per month and are achieving average occupancy of 88%, supporting the income potential of the completed community.
The offering price of $1,050,000 for Acres of Paradise MHP equates to $18,103 per site and $69,079 per acre. Comparable manufactured home community development opportunities in Paradise, CA with gas and electric installed have traded for an average of $21,589 per site and $152,917 per acre. The property’s pricing equates to a 16% discount to the comparable average price per site and 55% discount to the comparable average price per acre, offering an attractive investment basis.
Pre-development is in its final stages; the mobile home park site design and septic system engineering are complete, and PG&E has already installed new electric and gas lines and connections for direct-billed utilities. The septic system has been engineered as a wastewater treatment system consisting of one lift station, one 15,000-gallon tank, and leach lines located in the lower southeast portion of the Property. Public water service is available through Paradise Irrigation District. Water service is currently active, the city meter is operational, and the Town of Paradise has approved the initial plans. The current owner has completed all debris removal work and has engineered the unit layout, fire hydrant installation, grading, communication utility infrastructure, retaining wall, storm drain, erosion control, tree planting, and irrigation improvements, which are ready to submit for HCD approval.
Following the 2018 Camp Fire, Paradise has experienced steady population recovery and rebuilding, while the high cost and measured pace of new single-family construction drives demand toward manufactured housing. The community sits within 7 min of retail and services in Paradise, 27 min of Chico, and 1 hour 40 min of Sacramento, with large commuter and retiree resident bases supporting long-term occupancy stability. Acres of Paradise offers a rare combination of entitled, utility-ready development and built-in seller financing!
Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.
Faits sur la propriété
| Prix | 1 475 565 $ CAD | Classe d’immeuble | C |
| Prix par unité | 25 441 $ CAD | Taille du lot | 15,20 AC |
| Type de vente | Investissement | Taille du bâtiment | 653 400 pi² |
| Nombre d’unités | 58 | Occupation moyenne | 0% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 1 |
| Sous-type de propriété | Parc de mobil-homes | Année de construction | 1972 |
| Style d’appartement | De faible hauteur | ||
| Zonage | 00 - Commercial Property | ||
| Prix | 1 475 565 $ CAD |
| Prix par unité | 25 441 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 58 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Parc de mobil-homes |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 15,20 AC |
| Taille du bâtiment | 653 400 pi² |
| Occupation moyenne | 0% |
| Nombre d’étages | 1 |
| Année de construction | 1972 |
| Zonage | 00 - Commercial Property |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 58 | - | - |
1 1
Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 1 078 053 $ CAD | Évaluation totale | 1 078 053 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 078 053 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 078 053 $ CAD
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Présenté par
Avine Real Estate
Acres of Paradise | 6280 Pentz Rd
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