21795 Bnd Fry Rd Red Bluff, CA 96080

This exceptional investment opportunity presents a well-maintained, 44-space mobile home and RV park situated on 6.87 acres in Red Bluff, CA (APN: 009-210-023, 019, 011-510). The park boasts 27 mobile home spaces and 17 RV spaces, including a riverside campground area. Monthly rents range from $433 to $600, with tenant chargebacks for water and trash. The property benefits from a strong NOI of $99,919, yielding a 5.00% cap rate at an asking price of $1,990,000. The park features on-site maintenance staff, an off-site manager, and dedicated office and laundry buildings with park-owned equipment. Mobile home spaces are directly billed for electricity, while most RV spaces utilize electric sub-metering. A propane provider manages the park's gas system, with mobile home tenants billed directly. The park utilizes a water well and septic leach line sewer system. Importantly, this unincorporated area of Tehama County is free from rent control ordinances, ensuring long-term income stability. This is a 1031 exchange eligible property. The park's long-term tenants and well-managed infrastructure make this a compelling investment prospect.