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Three-Community Mobile Home Park Portfolio
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1564 Nord Ave, Chico, CA 95926

Northern California portfolio spanning three communities with resident-owned homes, recent infrastructure work, and shared operating proximity.

Property SizeContact for details
Days on Market201

Property Features for 1564 Nord Ave

General Information

Standard status Active
Class B
Property subtype Mobile Home Park, Multifamily
Occupancy 91%
Investment Type Value Add

Additional Details

Asking Price $9,250,000
Utilities to Site Yes

Building Details

Units 112
Listing Agency: CBRE - San Diego
Listed By: Jez Lawson · License #02083972
Source: Crexi
Added: Mar 31 Changed: Oct 11 Last Checked: Oct 16 at 8:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - San Diego

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Investment Insights

Based on property information with market context.

This portfolio comprises three manufactured housing communities across Northern California markets, with a combined 112 sites. The properties are located in Yuba City, Chico, and Oroville, and the seller prefers a combined sale; Harmony MHC may be considered separately, while Gumtree and Orolake are to be sold together. Most homes are resident-owned, and the communities are currently 91% occupied.

Two properties use public water and sewer, while Harmony MHC operates on septic. Recent work includes sewer and water line replacements, road repaving, tree removal, and landscape improvements. Rent increase notices have been issued at all three communities and take effect in May 2026. The parks are located 25 to 55 minutes apart, supporting shared staffing across the portfolio. Average manufactured housing site rents are approximately $668.

Key Highlights

  • Three manufactured housing communities totaling 112 sites
  • 91% current occupancy across the portfolio
  • Located in Yuba City, Chico, and Oroville, California

Property Analytics

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Current Use

Harmony Mobile Home ... Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

91%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 95926, CA

41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Northern California portfolio spanning three communities with resident-owned homes, recent infrastructure work, and shared operating proximity.
Where is this mobile home & rv park located?
The property is located at 1564 Nord Ave Chico, CA.
What is the asking price?
The asking price for this property is $9,250,000.
What are key features of this property?
This property features: Three manufactured housing communities totaling 112 sites; 91% current occupancy across the portfolio; Located in Yuba City, Chico, and Oroville, California
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