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24630-24660 Tehama Vina Rd
Los Molinos, CA 96055
 Riverside Crossing MHP · Multifamily Property For Sale · 2,064 SF

Mobile Home & RV Parks California Los Molinos 24630-24660 Tehama Vina Rd, Los Molinos, CA 96055

Investment Highlights

  • There are 24 park-owned homes with 19 occupied. By selling off the homes to tenants operating expenses can be reduced while reducing the basis.
  • The property is licensed for 30 additional sites on top of the existing 69 for a total of 99 sites leaving opportunity for possible expansion.
  • Located within 45 miles of Redding and 28 miles of Chico and their employment centers.
  • Stabilizing the communities from 52% to 62% occupancy by leasing the 5 vacant POH and then infilling additional vacant sites to achieve 95%+ occupancy
  • Expense ratios will improve as infill drives revenue. This will lead to a substantial increase in yield.
  • Infilling park-models RVs for rent or sale could accelerate the lease up timeline.

Property Facts

No. Units 69 Building Size 2,064 SF
Property Type Multifamily Average Occupancy 52%
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
 No. Stories 1
Apartment Style Low-Rise Year Built 1950
Building Class C Parking Ratio 10/1,000 SF
Lot Size 9.90 AC
Zoning R1-MH - County use: Mhp W/Overnight Facilities
No. Units 69
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 9.90 AC
Building Size 2,064 SF
Average Occupancy 52%
No. Stories 1
Year Built 1950
Parking Ratio 10/1,000 SF
Zoning R1-MH - County use: Mhp W/Overnight Facilities

Amenities

Site Amenities

  • Waterfront

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 72 - -

Property Taxes

Parcel Numbers
Multiple
  • 066-140-009-000
  • 066-140-008-000
  • 066-140-010-000
 Improvements Assessment $437,564
Land Assessment $648,169 Total Assessment $1,085,733

Property Taxes

Parcel Numbers
Multiple
  • 066-140-009-000
  • 066-140-008-000
  • 066-140-010-000
Land Assessment
$648,169
Improvements Assessment
$437,564
Total Assessment
$1,085,733
 

  • Listing ID: 35056934

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 24630-24660 Tehama Vina Rd, Los Molinos, CA 96055

More public record information on 24630-24660 Tehama Vina Rd, Los Molinos, CA 96055

The Multifamily Property at 24630-24660 Tehama Vina Rd, Los Molinos, CA 96055 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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