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Gated Fresno Mobile & RV Park
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3147 W Olive Ave, Fresno, CA 93722

All-age gated community with value-add potential near Fresno.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market207

Property Features for 3147 W Olive Ave

General Information

Standard status Active
Class C
Lot size 10.00 Acres
Property subtype Mobile Home Park, Multifamily
Occupancy 100%
Investment Type Stabilized
Net Operating Income $300,678

Building Details

Year Built 1958
Units 66
Listing Agency: Marcus & Millichap - Seattle
Listed By: Jonathan Bench · License #98291
Source: Crexi
Added: Feb 5 Changed: Aug 16 Last Checked: Aug 31 at 6:04AM

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 Marcus & Millichap - Seattle

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.

Property Analytics

Current Use

New Horizons Mobile ... Campground & RV Park Independent contractor Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 93722, CA

87,364
Population
27,615
Households
3.2
Avg Household Size
32
Median Age
23%
College-Educated
83%
High-School Grad
19.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$77,335
Median Household Income
$41,364
Median Earnings
$1,529
Median Rent
$350,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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.
More about this property
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