Listed by Ethan Conrad Properties Inc
$1,065,675
MHP on Oak Street
Details
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Units 18
Cap Rate 8.00%
Occupancy 72.2%
Tenancy Multi
Acreage 0.700
Multifamily | 18 Units | $59,204/unit
Marketing description
MHP on Oak Street is an 18-unit RV/mobile home park located at 1683 Oak Street in Oroville, CA. The property features 15 RV/mobile home spaces and 3 apartments with a total of 18 rentable units. Currently at 72.2% occupancy with 13 occupied units, the property includes a shared laundry room and has undergone significant capital improvements completed between 2023-2026. The property successfully passed CA state Housing and Community Development inspection in June 2026.
Investment highlights
- 15 RV/mobile home spaces
- 3 Apartments
- 18 Total rentable units
- 13 Occupied (72.2% occupancy)
- Shared laundry room
- Capital improvements completed 2023-2026
- Successfully passed CA state Housing and Community Development inspection (June 2026)
- Written lease for every occupied apartment and RV space
- Security deposit equal to at least one month's rent for each occupied unit
- Space 15 occupied by an at-will maintenance employee under written agreement
- New 200A main breaker panel that services half of the mobile home park (2026)
- 1675: Water heater (2024), cabinets (2025), paint (2025), A/C (2026, gas stove (2026)
- 1677: Water heater (2024), furnace (2025), cabinets (2025), refrigerator (2025), gas stove (2026), A/C (2026), paint (2026)
- 1683: Breaker panel (2024), floor heater (2025), A/C (2026)
- Laundry Room: New ceiling and paint (2023)
- 80' wood privacy fence separating spaces 2-5 from spaces 6-9 (2024)
Listing Contacts
Listed by Ethan Conrad Properties Inc
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