50 River Rd - Multi-Family FOR SALE


Rio Vista, CA 94571
$6,000,000 USD
916-204-9804
50 River Rd, Rio Vista, CA for Sale
$6,000,000 USD
Multi-Family - FOR SALE
1/4
null | 3.76% Cap Rate

50 River Rd
Rio Vista, CA 94571


OVERVIEW

Marcus & Millichap is pleased to present the exclusive offering of West Wind Mobile Home Park, a 79-space manufactured housing community located in the scenic Delta town of Rio Vista, California. Priced at $6,000,000, the property offers immediate cash flow along with significant value-add potential, with a compelling Pro Forma CAP rate of 7.71%. Situated in Solano County, Rio Vista is known as the “Gateway to the Delta,” offering small-town charm with access to major economic hubs like Sacramento, the East Bay, and the Central Valley. With a population of approximately 10,000, Rio Vista has become an increasingly attractive destination for both retirees and working families seeking affordable housing in Northern California. The town features a historic downtown, access to boating and outdoor recreation, and essential services such as healthcare, shopping, and transit—all within minutes of the property. West Wind Mobile Home Park benefits from this favorable backdrop, offering a desirable mix of 79 total spaces, including 24 double-wide lots that cater to long-term residents. Current rents at the property are approximately $300 below market, providing investors with a clear path to increased revenue through modest and phased rent adjustments. This is a stabilized, well-maintained asset with strong in-place operations. The park is professionally managed and presents minimal deferred maintenance, making it well-suited for both first-time mobile home park investors and experienced operators looking to expand their portfolio in California’s underserved affordable housing sector. Mobile home parks remain one of the most recession-resilient multifamily asset types, supported by long-term tenancy, low turnover, and limited new supply. In particular, markets like Rio Vista—with natural barriers to development and a growing demand for affordable housing—provide long-term stability and rent growth potential.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$2,000 USD /SF

# OF UNITS

79

PRICE/UNIT

$75,949

CAP RATE

3.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Wind Mobile Home Park

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.13 AC

LAND SF

354,143 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

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Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.