Property profile

31300 Manton Rd Manton, CA 96059

OFF-MARKET
Mobile home & RV parks
Property ID
US09-2424834
1.9 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14-space mixed-unit mobile home park located at 31300 Manton Road, Manton, California 96059. The property boasts a desirable blend of rural charm and modern convenience, making it an attractive option for both tenants and investors. Key features include a well-maintained manufactured home previously owned by the park operator, a versatile metal shop suitable for various uses, and a dedicated laundry facility for tenant convenience. The park benefits from a recently upgraded septic system and a state-of-the-art well filtration system, ensuring reliable and efficient service. All utilities are tenant-paid, simplifying management and minimizing overhead costs. Situated in the peaceful community of Manton, the park offers easy access to local amenities while maintaining a serene atmosphere. The strong demand for affordable housing in the area makes this a sound investment with significant potential for rental income and long-term appreciation. The asking price for this turnkey operation is $379,000. This property is classified as Industrial, Land, with subtypes of Warehouse, Manufacturing, and Commercial. The property is located in Tehama County, CA, zip code 96059. This is a rare opportunity to acquire a well-maintained and profitable mobile home park in a desirable location. Don't miss this chance to add a valuable asset to your real estate portfolio.

Property profile

Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Lot 1.9 ac (82,764 SF)
APN 011-410-003-000
UPID US09-2424834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

31300 Manton Rd Manton, CA 96059
Manton metro Census 100 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2017
$232,000
2013
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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