Description

Lassen Mobile Home Park is an all-age community located on 7.75 acres, featuring 28 mobile home sites and two single-family rental homes. Originally developed in 1962, the park offers low-density living with spacious lots that provide large yards and private fenced areas. Most lots measure approximately 80–90 feet in length and 30–40 feet in width, making them well-suited for modern, multi-bedroom mobile homes. The community includes paved streets with dedicated parking in front of each home. Additionally, the sale includes two adjacent residential-zoned parcels totaling 2.55 acres. While these parcels may present an opportunity for future residential development, the potential for mobile home expansion is not guaranteed.

Property Documents

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Lassen MHP Flyer.pdf

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Listing Details

  • Cap Rate

    9.12%

  • Space Type

    Multifamily

  • Sub Category

    Single Family Rental Portfolio

  • Date Listed

    7/14/2025

  • Ownership Info

    Fee Simple

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Value Add

  • Net Operating Income

    $118,623

Property Specifics

  • Property Name

    Lassen Mobile Home Park

  • Property Class

    C

  • No of Units

    30

  • Year Built

    1962

  • Building Size

    337,590 SF

  • Lot Size

    7.75 Ac

  • APN

    116-130-010-000

  • Occupancy

    73%

Property Amenities

Unit Amenities

Natural Light
Onsite Parking

Location Amenities

Airport
Commuter Rail
Public Transportation