Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of West Wind Mobile Home Park, a 79-space manufactured housing community located in the scenic Delta town of Rio Vista, California. Priced at $6,000,000, the property offers immediate cash flow along with significant value-add potential, with a compelling Pro Forma CAP rate of 7.71%. Situated in Solano County, Rio Vista is known as the “Gateway to the Delta,” offering small-town charm with access to major economic hubs like Sacramento, the East Bay, and the Central Valley. With a population of approximately 10,000, Rio Vista has become an increasingly attractive destination for both retirees and working families seeking affordable housing in Northern California. The town features a historic downtown, access to boating and outdoor recreation, and essential services such as healthcare, shopping, and transit — all within minutes of the property. West Wind Mobile Home Park benefits from this favorable backdrop, offering a desirable mix of 79 total spaces, including 24 double-wide lots that cater to long-term residents. Current rents at the property are approximately $300 below market, providing investors with a clear path to increased revenue through modest and phased rent adjustments. This is a stabilized, well-maintained asset with strong in-place operations. The park is professionally managed and presents minimal deferred maintenance, making it well-suited for both first-time mobile home park investors and experienced operators looking to expand their portfolio in California’s underserved affordable housing sector. Mobile home parks remain one of the most recession-resilient multifamily asset types, supported by long-term tenancy, low turnover, and limited new supply. In particular, markets like Rio Vista — with natural barriers to development and a growing demand for affordable housing — provide long-term stability and rent growth potential.