24660 TEHAMA VINA RD Los Molinos CA 96055

Riverside Crossing Mobile Home & RV Park is a rare Sacramento River-front mobile home and RV park opportunity located in Los Molinos, California.​ Situated on approximately 9.9 acres with approximately 700 feet of river frontage, the property includes approximately 70 mobile home/RV sites plus an additional apartment, creating a compelling value-add investment with multiple paths to revenue growth.​

The property is currently operating below stabilized occupancy, with current occupancy around 40%, giving an experienced operator the ability to increase income through lease-up, rent optimization, improved utility reimbursements, operational efficiencies, and broader repositioning efforts.​ The offering includes multiple existing income streams, including mobile home rent, RV rent, apartment rent, utility fees, and potential future riverfront camping/RV income.​

One of the strongest upside components is the property’s underutilized riverfront area.​ The OM identifies the potential to activate approximately 16 riverfront tent/RV-style sites with water and electric hookups, subject to buyer verification.​ This creates an additional revenue opportunity tied directly to the property’s natural amenity: direct Sacramento River frontage.​

Riverside Crossing also benefits from a highly marketable setting near Mill Creek Park, river recreation, nearby boat launch access, and convenient regional connectivity to Chico, Red Bluff, and surrounding Northern California markets.​ Neighboring riverfront parks and recreational uses help demonstrate the demand for affordable housing, RV, and outdoor-oriented occupancy in this corridor.​

For investors seeking a value-add mobile home/RV park with a rare riverfront location, seller financing potential, and multiple income-expansion strategies, Riverside Crossing offers a compelling opportunity to acquire a reposition-able asset at an attractive basis.​

• ​Rare Sacramento River frontage with approximately 700 feet of riverfront in Los Molinos, CA.
• ​Approximately 70 mobile home/RV sites plus one apartment on approximately 9.9 acres.
• ​Significant value-add opportunity with current occupancy around 40%, creating immediate upside through lease-up and stabilization.
• ​Below-market rents across multiple asset types, including mobile home spaces, RV spaces, park-owned homes/RVs, and utility reimbursements.
• ​Multiple income streams including MH rent, RV rent, apartment rent, utility fees, and potential riverfront camping/RV income.
• ​Potential to activate approximately 16 riverfront tent/RV-style sites with water and electric hookups, subject to buyer verification.
• ​Low-density layout at approximately 7 units per acre, offering room for operational improvement, infill, and long-term repositioning.
• ​Attractive owner financing may be available for qualified buyers, creating added flexibility during the stabilization period.
• ​Located near Mill Creek Park, Sacramento River recreation, boat launch access, and Highway 99E connectivity to Chico and Red Bluff.

Offering Summary

Riverside Crossing Mobile Home & RV Park is a rare riverfront value-add investment opportunity located along the Sacramento River in Los Molinos, California. The property is situated on approximately 9.9 acres and includes approximately 70 mobile home/RV sites plus an apartment, with meaningful upside through lease-up, rent growth, utility reimbursement, operational improvements, and potential activation of underutilized riverfront areas.

With current occupancy around 40%, Riverside Crossing offers a clear repositioning opportunity for an experienced operator seeking immediate income with long-term upside. Ownership may offer attractive seller financing terms for qualified buyers.

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer the opportunity to acquire the 69-site Riverside Crossing Mobile Home Community, a well-situated affordable housing opportunity adjacent to the Sacramento River located off Interstate 5, a major north-south route convenient to Sacramento approximately 124 miles south and Redding approximately 45 miles north.

The property is made up of 69 sites with 31 MH sites, 35 RV sites, 1 apartment, 1 house, and 1 tent site. The property also has an on-site office.

Riverside Crossing MHC provides investors with expertise in stabilization and operations a prime value-add opportunity.

The UPDATED asking price for the park is $2,500,000 ($36,200/unit) $̶2̶,̶75̶0̶,̶0̶0̶0̶

This represents a 9.6% cap rate on stabilized NOI.

The owner is open to seller-financing at reasonable terms with a strong down payment.

• There are 24 park-owned homes with 19 currently occupied. By selling off the homes to tenants operating expenses can be reduced while reducing the basis on the property.

• Stabilizing the communities from 52% to 62% occupancy by leasing the 5 vacant POH and then infilling additional vacant sites to achieve 95%+ occupancy.

• The property is licensed for 30 additional sites on top of the existing 69 for a total of 99 sites leaving opportunity for possible expansion.

• Expense ratios will improve as infill drives revenue. This will lead to a substantial increase in yield.

• Located within 45 miles of Redding and 28 miles of Chico and their employment centers.

• Infilling park-models RVs for rent or sale could accelerate the lease up timeline.