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Mobile Home Park

DeLuxe MHP

7725 Happy Valley Rd, Anderson, CA 96007

Listing Price: $4,400,000

Cap Rate
4.42%
Number of Spaces
79
Lot Size
6.78 acres
Occupancy
96.0%
Price/Space
$55,696
Spaces/Acre
11.65
Year Built
1970

Investment Overview

DeLuxe MHP is located at 7725 Happy Valley Road in Anderson, California. It is a 79-space park on municipal water and septic. Of the 79-spaces, 44 are mobile homes and 35 are RV's/trailers. Most of the spaces can accommodate a permanent single or double wide. The park is located on 6.78 acres. It is an all age park that has historically proven it stays highly occupied. The park has a laundry room. The leach field is located on a one-acre parcel on the south side of the park that the owner has an easement to. 40% of the pedestals were replaced within the past 4 years. There is currently no rent control in Anderson. Anderson is a city in Shasta County, California, approximately 10 miles south of Redding. Its population is 11,323 as of the 2020 census, up from 9,932 from the 2010 census. Located 138 miles north of Sacramento, the city's roots are as a railroad town near the northern tip of the Central Valley of California. The town has 4 elementary schools and 3 high schools.

Investment Highlights

  • Non-Rent Controlled Market
  • Upside in Rents
  • 40% of Pedestals Replaced in the Past 4 Years
  • All Age Park

Exclusively Listed By

Mobile Home Park

DeLuxe MHP

Listing Price: $4,400,000

Cap Rate
4.42%
Number of Spaces
79
Lot Size
6.78 acres
Occupancy
96.0%
Price/Space
$55,696
Spaces/Acre
11.65
Year Built
1970

Investment Highlights

  • Non-Rent Controlled Market
  • Upside in Rents
  • 40% of Pedestals Replaced in the Past 4 Years
  • All Age Park

Investment Overview

DeLuxe MHP is located at 7725 Happy Valley Road in Anderson, California. It is a 79-space park on municipal water and septic. Of the 79-spaces, 44 are mobile homes and 35 are RV's/trailers. Most of the spaces can accommodate a permanent single or double wide. The park is located on 6.78 acres. It is an all age park that has historically proven it stays highly occupied. The park has a laundry room. The leach field is located on a one-acre parcel on the south side of the park that the owner has an easement to. 40% of the pedestals were replaced within the past 4 years. There is currently no rent control in Anderson. Anderson is a city in Shasta County, California, approximately 10 miles south of Redding. Its population is 11,323 as of the 2020 census, up from 9,932 from the 2010 census. Located 138 miles north of Sacramento, the city's roots are as a railroad town near the northern tip of the Central Valley of California. The town has 4 elementary schools and 3 high schools.

Exclusively Listed By

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