3147 W Olive Ave Fresno, CA 93722

Building Details

Year Built

1958

Listing office Marcus & Millichap - Seattle

Listing date Feb 5, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

New Horizons Mobile & RV Park is an all-age, gated manufactured housing community located in Fresno County. Constructed in 1958, the property includes 65 mobile home and RV sites, along with one single-family residence. The property spans approximately 10 acres and is serviced by a private well and septic system. Each space is equipped with its own electric meter, and most have the infrastructure for gas meter installation. Recent improvements include a security gate, new solar panels, a new trash compactor, and updated electrical and gas service lines installed. Operating at approximately 95% occupancy, the community offers a peaceful atmosphere with convenient access to shopping, dining, and other amenities. Residents have access to a pool, on-site laundry facilities, off-street parking, and a recreation room. Located outside the city limits, the park is not subject to city rent control restrictions. Potential upside exists through increased space rent, filling vacancies, increasing ancillary charges, installing gas meters, utilizing the RV storage space, and adding additional amenities.

Key Highlights

• High Occupancy Rate: Currently operating at close to 95% occupancy.
• Value‑Add Potential: Increase revenue through rent increases, filling vacancies, increasing ancillary charges, installing gas meters, and utilizing RV storage space.
• Recent Upgrades: Includes a security gate, new solar panels, new trash compactor, and new electrical and gas service lines.

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FAQs

What type of property is this?

Mobile home & RV park - All-age gated community with value-add potential near Fresno.

Where is this mobile home & rv park located?

The property is located at 3147 W Olive Ave Fresno, CA.

What is the asking price?

The asking price for this property is $4,300,000.

What are key features of this property?

This property features: High Occupancy Rate: Currently operating at close to 95% occupancy.; Value‑Add Potential: Increase revenue through rent increases, filling vacancies, increasing ancillary charges, installing gas meters, and utilizing RV storage space.; Recent Upgrades: Includes a security gate, new solar panels, new trash compactor, and new electrical and gas service lines.