1080 Pearson Rd | Paradise, CA 95969
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- LoopNet Team
1080 Pearson Rd
Paradise, CA 95969
Forest Glen MHP · Multifamily Property For Sale
·
129,373 SF
INVESTMENT HIGHLIGHTS
- Attractive Seller Financing Available!
- All 24 sites are HCD-permitted for mobile homes, allowing for long-term manufactured home infill and improved stability.
- Current rents are approximately 10% below market, allowing for near-term upside through modest rent increases.
- Rebuilt by 2023 after the 2018 Camp Fire with new underground utilities and roads, reducing long-term capex risk.
- All RVs are tenant-owned; there is one community owned mobile home designated as the office and manager quarters located at site #3.
- The landlord currently pays for water and trash, presenting an opportunity to implement utility billbacks and improve NOI.
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 054-151-035-000 | Improvements Assessment | $0 |
| Land Assessment | $32,807 | Total Assessment | $32,807 |
PROPERTY TAXES
Parcel Number
054-151-035-000
Land Assessment
$32,807
Improvements Assessment
$0
Total Assessment
$32,807
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