Individually Owned Property summary
This established 22-space RV park in Paradise, CA presents a compelling investment opportunity. Located on a 5.5-acre lot (APN: 041-460-019-000), the property boasts a 90% occupancy rate, generating a current NOI of $102,205 and a 7.89% cap rate. Pro forma NOI is projected at $199,050, representing a 15.37% cap rate. Built in 1979 with renovations completed in 2024, the park features 22 pads, each equipped with new submetered electricity pedestals and two hose bibs. Amenities include two… bathrooms, a coin-operated laundry facility, and a propane tank. The park is serviced by public water, trash service, and PG&E electricity. Two RVs are included in the sale. The property is zoned Commercial - Mobilehome Park and benefits from long-term tenants and rent bumps. A significant advantage is a permit already secured for expanding the park by 15 additional spaces, accompanied by comprehensive engineered plans (cost exceeding $100,000). This expansion opportunity, coupled with the park's proximity to Lake Oroville, Chico, and Butte College, ensures strong rental demand. The park's well-maintained grounds and recent infrastructure upgrades, including new underground water and electricity, contribute to its high performance and appeal. The asking price is $1,295,000 ($58,863.64 per pad). This represents a rare chance to acquire a high-performing asset with significant growth potential.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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