Owner Financing is Available
Business for Sale Overview:
This is the South Redding Mobile Home Park with all kinds of expansion opportunities, as permitted by the City of Redding. Older units but 100% occupied. 2.5 acres can be developed with the established and stable income of existing park in place.
Price per square foot: $500,000.
Income Property Gross Income: $500,000.
Income Property Net Operating Income: $450,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities: This is the South Redding Mobile Home Park in Redding, CA. 16 spaces with an additional 2.5 acres to develop. Fully occupied and in a good rental area south of Redding located on Highway 273. Lots of opportunity.
Location Description: Smaller mobile home park in desirable rental area, with 2 plus acres for additional development opportunity. Lots of upside with minor improvements, and much opportunity to expand storage areas.
Current and Prior Use: 2 acres can be developed with misc and vehicle storage as permitted by the City of Redding
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: