265 Brown Gables Rd, Ben Lomond, CA 95005

Redwoods on the River is a 35-space manufactured housing community comprised of 21 tenant-owned homes, one park-owned manager's residence, two park-owned cabins, three vacant sites, and eight homes currently owned by the seller. The only park-owned units included in the sale are the two cabins and the manager's residence, which is situated on one of the community's premium waterfront spaces adjacent to the beach. Following the sale, the seller intends to retain ownership of the eight homes and continue operating them as rental units. All buyers should be aware that the seller will be exempt from the park's rules and regulations prohibiting subleasing with respect to units 5, 8, 13, 20, 22, 26, 28, 32.

Redwoods on the River is an all-age community situated on approximately 3.76 acres. The property is serviced by city water and septic. Water, gas, and electricity are sub-metered, trash service is direct billed, and septic service is included in the base rent. The property presents immediate upside potential through the lease-up of the three vacant sites, providing an investor with the opportunity to increase revenue in the first year of ownership. In addition, the community benefits from its exceptional waterfront setting, attractive park-owned improvements, and desirable location along the river. The property is subject to local rent control regulations, allowing annual rent increases of 50% of CPI with no vacancy decontrol. The most recent rent increase became effective on February 1, 2026.