870 Morgan Hill rd - Manufactured Housing/Mobile Housing FOR SALE


Hayfork, CA 96041
$299,000 USD
310-862-6103
870 Morgan Hill rd, Hayfork, CA for Sale
$299,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/26
null | Request Cap Rate

870 Morgan Hill rd
Hayfork, CA 96041


HIGHLIGHTS

  • Renovated 20-site MH & RV park on 2.3 acres in Hayfork, CA, priced at just $299,000, only $14,950 per site!
  • Seller financing! $149,500 down payment with seller financing of $149,500 at 6% interest rate (25 year amortization), 3-year term with ballon payment.
  • Extensive Cap Ex Improvements: New fencing, water & sewer repairs, rebuilt & new pedestals, updated laundry/shower/bathroom facility and more!
  • Utilities: City water/sewer, PG&E electric, potential for individual water metering.
  • 20 sites, 19 with full hookups, 1 site with sewer needing water & electric, 15 vacant sites ready for infill. Potential expansion of 2 sites per HCD.
  • 4 occupied sites: 2 tenant-owned RVs, 1 tenant-owned MH, 1 manager-owned RV and 1 vacant park-owned RV included in the sale.

OVERVIEW

Hayfork RV Park is a unique opportunity to acquire a newly renovated MH & RV community consisting of 20 sites, situated on 2.3 acres in the heart of Hayfork, CA! Priced at $299,000 (only $14,950 per site) with attractive seller financing available, this property is perfectly positioned for new owners to tap into the growing demand for affordable housing. This all-age park is connected to city water and city sewer and has undergone extensive capital improvements, including new fencing, water and sewer line repairs, rebuilt and new pedestals, and an updated laundry/shower/bathroom building with a new roof, toilets, showers, flooring, and more. Of the 20 total sites, 19 sites are fully prepped with full hookups, and 1 site has sewer connected but still needs electric and water. There are currently 4 occupied sites, consisting of 3 long-term tenants, 2 RVs and 1 mobile home, each paying $475/month. The on-site manager also owns and occupies his own RV, paying $475/month. Additionally, the sale includes 1 vacant park-owned RV ready for monthly rental and 15 vacant sites available for immediate occupancy. There's also potential to expand the park by 2 additional sites, per the HCD. Conveniently located just a few minutes from local amenities such as grocery stores, shopping and restaurants, Hayfork RV Park offers easy access to everyday needs while being surrounded by the natural beauty of Trinity National Forest. Hayfork provides a small town feel with a variety of recreational activities where residents can enjoy outdoor activities like hiking, fishing, and hunting, with larger city amenities in Redding just 1 hour and 20 minutes away, and Sacramento only a 3 hour and 40 minutes drive. Additionally, the park features Starlink Wi-Fi, security cameras, and is currently being onboarded with CampLife, improving operational efficiency for future owners. With extensive capital improvements completed, Hayfork RV Park presents an incredible opportunity for immediate infill and significant revenue growth at just $14,950 per site. This is an ideal investment for those seeking a renovated MH & RV community in a peaceful location with stunning views.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

20

PRICE/UNIT

$14,950

CAP RATE

Request Cap Rate

% LEASED

20%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hayfork RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

RR

APN/PARCEL ID

014-190-032-000,014-190-033-000

ASK ABOUT THIS PROPERTY

Tim RyanAvine Real EstateMore Info
310-862-6103

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Tim RyanAvine Real EstateMore Info
310-862-6103

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