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32453732
32453747

130 Gilmore Road, Red Bluff, CA 96080 For Sale

TR
CA 02097345, NC NC Limited Non-Resident Commercial RE Lic. No. LC 992
AVINE REAL ESTATE
JL
CA 02125721
AVINE REAL ESTATE
Listed by AVINE REAL ESTATE
$3,100,000
68 days on market
Updated 5 days ago

Red Bluff RV & MH Village

Details
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Square Footage 2,000
Units 68
Cap Rate 5.01%
NOI $155,216
Occupancy 72%
Pro-Forma Cap Rate 10.00%
Pro-Forma NOI $309,973
Price Per Acre $237,548
Class C
Year Built 1973
Acreage 13.050
Zoning MHP, TP
Investment Type Value Add

Value-Add RV & MH Park | 68 Sites | Public Utilities | Infill Opportunity!

Marketing description

Red Bluff RV & MH Village is a 68-site, all-age manufactured housing and RV community located in Red Bluff, within Tehama County in Northern California. The property is offered at an asking price of $3,100,000 and consists of approximately 13.05 acres across five separate parcels. The community is approved for 74 MH and RV sites and currently operates with 68 sites, as 6 RV spaces were combined to create larger RV sites. The current site mix consists of 18 manufactured home sites, 31 RV sites, and 19 vacant sites, presenting a significant infill and value-add opportunity through future occupancy growth.

The property currently operates at approximately 72% occupancy, while nearby manufactured housing and RV communities report occupancy levels near 96%, supporting the potential for future lease-up and rental growth. Current average rents are approximately $623 per month for manufactured home sites and $564 per month for RV sites. The vacant sites are utility-ready and available for immediate occupancy, creating an opportunity for increased revenue through the placement of additional manufactured homes or RVs.

Red Bluff RV & MH Village benefits from a strategic location just off Interstate 5 and minutes from downtown Red Bluff, providing convenient access to shopping, dining, healthcare, and employment centers throughout Northern California. The property also benefits from proximity to the Sacramento River recreation corridor, Interstate 5 travel traffic, and regional employment drivers including healthcare, agriculture, government services, and tourism. Nearby demand generators include St. Elizabeth Community Hospital, Rolling Hills Casino and Resort, and regional economic hubs such as Redding, Chico, and Sacramento.

The community is serviced by city water and sewer utilities, with water currently master-metered and paid by ownership while sewer service is billed back to tenants through flat monthly fees. Electricity and natural gas are individually submetered and billed back to tenants based on usage, while trash service is provided through onsite commercial bins and billed to tenants through flat monthly fees.

The property also benefits from onsite management, with the manager residing in a park-owned home within the community and overseeing day-to-day operations, utility management, and general property maintenance. Community amenities include an onsite management office that could be converted to a clubhouse, swimming pool, laundry facilities, and restroom facilities with showers. In addition, the property includes approximately 1.69 acres utilized for leased solar panel infrastructure and an additional 1.22 acres of excess land currently unused.

The combination of below-market occupancy, vacant utility-ready sites, excess land, and operational upside positions Red Bluff RV & MH Village as a value-add investment opportunity with the potential for future revenue growth and increased operational efficiency.

Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.

Investment highlights

  • Location - Red Bluff RV & MH Village is conveniently located just off Interstate 5 and minutes from downtown Red Bluff, providing easy access to shopping, dining, employment, and healthcare services. The community also benefits from close proximity to the Sacramento River recreation corridor and nearby regional demand drivers throughout Northern CA.

  • Infill Opportunity - There are currently 19 vacant MH and RV sites ready for occupancy, creating a strong infill and value-add opportunity with utility infrastructure already in place. Nearby manufactured housing and RV communities report occupancy levels near 96%, supporting the potential for increased rental income through lease-up.

  • Public Utilities - Serviced by city water and sewer utilities, with water currently master-metered and paid by the landlord, while sewer service is billed to tenants as a flat fee. Electricity and gas are provided by PG&E and are individually submetered and billed back to tenants based on usage. Trash service is provided through onsite commercial bins and billed to tenants as a flat fee.

  • Onsite Manager - Red Bluff RV & MH Village benefits from both onsite and offsite management oversight, providing operational efficiency and tenant support. The onsite manager resides within the community in a park-owned home and assists with day-to-day operations, utility management, and overall property maintenance.

  • Amenities - The community offers a range of resident amenities, including onsite management with a leasing office that could be converted to a clubhouse, a swimming pool, laundry facilities, and restroom facilities with showers. These amenities support the day-to-day needs of residents and guests while contributing to the overall appeal and operational functionality of the community.

  • Solar Panels & Land - The property includes onsite solar panel infrastructure situated on approximately 1.69 acres, along with an additional 1.22 acres of excess land that is currently unused. The surplus land provides potential for future expansion, storage, or other site improvements, offering additional long term flexibility and value-add potential for ownership.

Listing Contacts

TR
CA 02097345, NC NC Limited Non-Resident Commercial RE Lic. No. LC 992
AVINE REAL ESTATE
JL
CA 02125721
AVINE REAL ESTATE
Listed by AVINE REAL ESTATE

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$155,216.00
$12,934.67/mo

Valuation Metrics

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DSCR
5.01%
Cap Rate
5.01%
ROI

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Additional Information

Name
Tim Ryan
License
02097345
Brokerage
AVINE REAL ESTATE DRE#02257582
Brokerage Phone
310-862-6103
Title
Real Estate Broker
Brokerage Address
120 Newport Center Drive
Name
Jason Lippe
License
02125721
Brokerage
AVINE Real Estate
Brokerage Address
120 Newport Center Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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