Property History
CBRE’s National Manufactured Housing & RV Specialty Practice is pleased to present the Northern CA MHC Portfolio, a rare opportunity to acquire three well-positioned manufactured housing communities totaling 112 sites across the Northern California markets of Yuba City, Chico, and Oroville. Offered at an asking price of $9,250,000 ($82,589/site), this portfolio represents a compelling acquisition with meaningful rent growth potential, operational upside, and the
scale benefits of a three-community platform. The sellers preference is to sell all three communities together but will consider offers for Harmony MHC on a one-off basis (Gumtree & Orolake must be sold together).
The portfolio currently operates at a strong 91% occupancy with potential to grow by filling vacancies at Orolake MHC. Rent increase notices have been delivered at all three parks, going into effect in May 2026 for an immediate increase of revenue for a new buyer with average MH site rents of +/-$668.
The portfolio benefits from public water and sewer across two of the three communities (Harmony MHC on Septic), a majority of resident-owned homes, and recent capital improvements including sewer and water line replacements, road repaving, tree removal, and landscape beautification — reducing near-term deferred maintenance risk for an incoming buyer. The geographic proximity of the three parks, ranging from 25 to 55 minutes apart, creates meaningful shared staffing opportunities that can optimize operational efficiency and compress management costs relative to standalone acquisitions.
To see more information click the link below:
https://www.cbredealflow.com/handler/modern.aspx?pv=WSYck6SjX2t_DeB5bk1_d1ErtKLbVRnqF10sq5l3d35tEVytyDTVa5m1Iq-_47sSVBk7oP-Se_NFJGJA-P4jrQ
- Operational Efficiency Between Communities
- Immediate Scale into Northern CA
- Majority Tenant Owned Homes on Public Utilities
- Rental Upside
- All Age Community
- Centrally Located in Chico (117,000 Population within 5 Miles)
- Direct Billing Gas, Electric, and Garbage
- Non-Rent Control Market
- Walking Distance to California State University, Chico
- No Park Owned Rentals
- Serviced by City Water & Septic
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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