Lassen County MH & RV Portfolio 2 Multifamily Properties Offered at $3,990,000 in Multiple Locations

INVESTMENT HIGHLIGHTS

  • Available for purchase together or separately. Cooperating Buyer Broker Fee!
  • Significant Growth Potential – Below-market occupancy!
  • Lassen West RV Village - Public water & sewer. Susanville Village RV - Public water & private sewer system.
  • MH Sites – All sites are permitted for MH creating an opportunity to convert units for stable income.
  • Location – Located just 30 minutes apart, Lassen West RV Village and Susanville Village RV offer investors the advantage of immediate scale.
  • Lassen West RV Village: Airbnb & POH – The sale includes 12 park-owned homes (POHs), with 8 units operating as Airbnb's.

EXECUTIVE SUMMARY

Lassen County MH & RV Portfolio presents a rare opportunity to acquire two MH/RV communities in Northern California’s Lassen County—an area renowned for its breathtaking natural landscapes, year-round outdoor recreation, and increasing demand for affordable housing. These properties offer significant upside potential, providing investors with the opportunity to boost occupancy and enhance value.
Lassen West RV Village is situated on 20.78 acres in Westwood, CA. Lassen West RV Village features 98 sites permitted for MH with a current occupancy of 46.9%. Priced at $2,950,000 only $30,102 per unit, this property benefits from its proximity to Lake Almanor, Lassen Volcanic National Park, and other major outdoor attractions, making it an appealing destination for both full-time residents and seasonal visitors. With nearly half of the sites vacant, there is a clear opportunity to increase occupancy through targeted marketing, infrastructure improvements, and long-term leasing strategies. Additionally, the expansive acreage presents potential for new amenities or site expansion, further enhancing revenue opportunities.
Susanville Village RV is located in Susanville, CA, and spans 6.84 acres with 49 sites permitted for MH and a 65.3% occupancy rate. Priced at $1,040,000, only $21,224 per unit, this property provides immediate upside potential through improved occupancy and operational efficiencies. With enhanced management and strategic marketing initiatives, occupancy can be significantly increased, unlocking additional revenue opportunities.
Strategically located just 30 minutes apart, Lassen West RV Village and Susanville Village RV offer investors the advantage of immediate scale in Northern California. This portfolio presents a compelling opportunity to acquire two established communities with substantial value-add potential.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

PROPERTY FACTS

Price $3,990,000
Price / SF $997.50 / SF
Cap Rate 12.74%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,000 SF
Total Land Area 27.62 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Susanville Village RV
702-715 Johnstonville Rd, Susanville, CA 96130
Multifamily 2,000 SF 1970 -
Lassen West RV Village
464-875 Mooney rd, Westwood, CA 96137
Multifamily 2,000 SF 1970 -
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  • Listing ID: 34776767

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: Lassen County MH & RV Portfolio, Susanville, CA