Property History
Tierra Buena Mobile Home Park is a professionally managed, all-age manufactured housing community in the Yuba City–Marysville MSA, 45 minutes north of Sacramento.
The 28-space park is 96% occupied (27/28) with ~50% double-wide composition and a majority of homes tenant-owned. The sole vacancy will be filled with a brand-new double-wide, delivered rent-ready at market rent of $800/month providing immediate day-one upside. Expansion potential exists for ~2-4 additional sites, subject to local ordinance and HCD approval.
The park operates at a low expense ratio with direct-billed, tenant-paid utilities (city water, sewer, PG&E, trash). A new rent increase and water charge-back are in place, 100% of residents pay electronically, and $30,000 in recent CapEx including a full seal coat delivers a true turn-key asset with wide paved roads and mature landscaping.
Located within 1.5 miles of Walmart, Target, Home Depot, Lowe's, and Sam's Club, the community offers strong resident convenience and retail proximity. With no rent control, in-place income, day-one upside from the new home delivery, and infill expansion potential for a new buyer, Tierra Buena is a rare opportunity to acquire a stabilized, scalable MHP in one of Northern California's fastest-growing affordable housing markets!
- All-age, professionally managed high-quality community
- Occupancy: 96%
- Sole vacancy to be filled with a brand-new double-wide, delivered rent-ready at market rent - driving immediate day-one upside
- ~50% double-wides
- Majority tenant-owned homes (TOH)
- Utilities: Direct-Billed Gas & Electric - All Tenant Paid (Water, Sewer, Trash)
- Wide paved roads, mature landscaping
- $30K in recent CapEx including full seal coat
- City water & sewer
- 100% of residents pay electronically
- Long-term resident base
- No rent control
- Infill potential: ~2–4 additional sites near main entrance, subject to local ordinance and HCD approval
- 45 min to Sacramento, 55 min to Chico, 2 hrs to San Francisco Bay Area
- High-demand affordable housing market
- 1.5 miles of major retailers including Walmart, Target, Home Depot, and Sam’s Club—enhancing resident convenience and retention.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Comparable Properties
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