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Crescent City, CA, USA


Northern CA Portfolio

Property Description

MHP Brokerage is pleased to showcase the rare opportunity to acquire two manufactured home / recreational vehicle communities in Crescent City, CA totaling 145 pads. This portfolio provides a buyer with the opportunity to immediately improve value by increasing rents and filling up 15 vacant sites. The communities are both in quality condition and truly show pride of ownership. Northcrest MHP consists of 92 sites - 68 MH, 8 RV, 10 POH MH, 5 office, 1 storage/garage. Pinegrove consists of 53 sites – 16 MH, 35 RV, 2 Park owned MH. Both properties are serviced by private utilities; however, both communities are in the process of hooking up to City Water.

Investment Highlights

  • Cap Rate: 8%

  • Strong and Stable Income

  • Instant Scale into the Market

  • Quality Communities with Good Infrastructure

Listed By

Joel Sachs

Joel Sachs

Senior Investment Advisor

(602) 830-0952

(505) 379-2792

Sammy Deeb

Sammy Deeb

Managing Broker

(702) 686-1952

(305) 396-8545

Contact Agent

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