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Additional details
$ 3,100,000
Est. payment /mo
Price Dropped by $400K
130 Gilmore Road Red Bluff, CA 96080
1 Bed
13.05 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26102484
Bedrooms 1
Lot Size 13.050 Acres
Property Sub-Type Res Income 2-4 Units
Property 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 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 su
Location
State CA
County Tehama
Zoning Other
Direction Enter on Gilmore Road
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 041193022000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Tim Ryan, DRE#02097345 Avine Real Estate
NEARBY SCHOOL & BUSINESS
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