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- LoopNet Team
9289 Skyway
Paradise, CA 95969
Eldorado Mobile Estates Land Development · Land For Sale
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19.20 AC
INVESTMENT HIGHLIGHTS
- Reconstruction plans have been completed for Eldorado Mobile Estates.
- 19.2 total acres, with 12 acres of usable land and approximately 7 acres of excess land.
- PG&E has installed the electric and gas system at the property along with all electrical pedestals.
- 86 of the spaces can fit double-wides, and 6 of the spaces fit single-wides.
- Expansion plans for 12 additional units were completed in 2008 and approved by Butte County.
- In February, concrete utility pads will be poured, and electrical wiring will be installed.
PROPERTY FACTS
DESCRIPTION
Eldorado Mobile Estates is an age-restricted community comprised of 19.2 acres located in Paradise, Butte County, CA. Surrounded by the Sierra Nevada Mountains, this community has been conditioned and is now ready for the development of 92 mobile home pads. The large parcel of 19.2 acres creates a unique investment opportunity for a new owner, as the park is currently on 12 acres, with 7 acres of excess land available. Expansion plans for 12 additional spaces were completed in 2008 and approved by Butte County. Substantial capital improvements have been made, including PG&E completing electric and gas with all 92 pedestals in place, debris removal, civil improvement plans with title sheet, site and grading plan, water line layout, water line details, and septic line layout plans, in addition to a permit to operate. The town of Paradise, CA, has been booming with redevelopment since the 2018 Campfire. Major infrastructure upgrades have been implemented, and as of 2022, $73mm was allocated to repave all public roads, and all underground utilities are expected to be completed by 2024. Eldorado Mobile Estates is located a short 8 min drive (3.9 mi) to Downtown Paradise, 28 min (18.4 mi) drive to Chico, and 1 hour 40 min drive (89.9 mi) to Sacramento, CA. Within a 2-mile radius, there is access to local shopping centers, retail stores, and restaurants, including Save Mart, Dollar General, Walgreens, Subway, Dollar Tree, and Big Lots. This is a unique opportunity to acquire a large MHP development opportunity in the Northern California Market.
PROPERTY TAXES
| Parcel Number | 066-430-008-000 | Improvements Assessment | $0 |
| Land Assessment | $472,466 | Total Assessment | $472,466 |
PROPERTY TAXES
