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Mobile Home Park

Herlong Mobile Home & RV Park

740-990 Arroyo Dr., Herlong, CA 96113

Listing Price: $2,190,000

Cap Rate
5.27%
Number of Spaces
73
Lot Size
26.75 acres
Occupancy
55.0%
Price/Space
$30,000
Spaces/Acre
2.73
Year Built
1997

Investment Overview

Herlong Mobile Home and RV Park is located at 740-990 Arroyo Dr. in Herlong, California. It is a 73-space park that is licensed for 63 mobile homes and 10 RV’s. There are currently 41 mobile homes in the park comprised of 16 doublewides , 19 singlewides, and 6 park models. Of those homes, 7 singles and 2 park models are vacant. There are 31-park owned homes and 10 tenant owned homes. It is an all age park on municipal water and sewer. All park owned homes and notes are not included in the purchase price. There is a bare 20 acre parcel to the southwest of the park that is included in the sale. There is a laundry room on-site consisting of park owned laundry and coin machines. Herlong is located at the extreme eastern edge of the Sierra Nevada Mountain Range in the southeastern region of Honey Lake Valley, 8 miles north of Doyle. Herlong is located in southern Lassen County, Lake, about 70 miles north of Reno, Nevada and about 45 miles south of Susanville, the county seat. This region experiences warm and dry summers with no average monthly temperature above 71.6°F.

Investment Highlights

  • Seller-Financed
  • 73 Sites
  • Non-Rent Controlled Market

Exclusively Listed By

Mobile Home Park

Herlong Mobile Home & RV Park

Listing Price: $2,190,000

Cap Rate
5.27%
Number of Spaces
73
Lot Size
26.75 acres
Occupancy
55.0%
Price/Space
$30,000
Spaces/Acre
2.73
Year Built
1997

Investment Highlights

  • Seller-Financed
  • 73 Sites
  • Non-Rent Controlled Market

Investment Overview

Herlong Mobile Home and RV Park is located at 740-990 Arroyo Dr. in Herlong, California. It is a 73-space park that is licensed for 63 mobile homes and 10 RV’s. There are currently 41 mobile homes in the park comprised of 16 doublewides , 19 singlewides, and 6 park models. Of those homes, 7 singles and 2 park models are vacant. There are 31-park owned homes and 10 tenant owned homes. It is an all age park on municipal water and sewer. All park owned homes and notes are not included in the purchase price. There is a bare 20 acre parcel to the southwest of the park that is included in the sale. There is a laundry room on-site consisting of park owned laundry and coin machines. Herlong is located at the extreme eastern edge of the Sierra Nevada Mountain Range in the southeastern region of Honey Lake Valley, 8 miles north of Doyle. Herlong is located in southern Lassen County, Lake, about 70 miles north of Reno, Nevada and about 45 miles south of Susanville, the county seat. This region experiences warm and dry summers with no average monthly temperature above 71.6°F.

Exclusively Listed By

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