Investment Overview

Riverland Mobile Home Park is an all-age Community located at 6870 Riverland Drive in Redding, California. The Property is licensed by HCD for 92 Mobile Homes. The Community currently consists of 92 tenant-owned MH/RV sites, 1 single family house occupied by the on-site maintenance employee, and 1 office. There are three park owned homes included in the sale located at sites 24, 31, and 52. All spaces are renting for $625 per month as of January 1, 2026, which is still below market rent. The single-family house has an estimated rent of $1,800 and is occupied by the on-site maintenance manager as part of his compensation. Water and sewer are serviced by abundant and high quality private well water and septic systems. Water and sewer is included in the residents space rent. Electric service is provided by PG&E and is direct billed to the residents. Propane is provided by Suburban Propane is sub-metered to the residents. Trash services are provided by Waste Management and are billed to the residents. Recently, the seller renegotiated the contract with Suburban Propane and secured a lower rate.