Attention Investors! Own a Profitable Mobile Home Park with High Return Potential: This manageable park offers an attractive 9%+ CAP rate with low maintenance and expenses. Fully Occupied: All 16 pads are occupied by Tenants who own their homes, creating a stable resident base. The property sits on 3.88 acres and boasts a well-maintained infrastructure including a septic system, a Shasta County regulated water Well, updated PGandE electrical and gas lines with individual metering. The park also features a convenient circular gravel driveway and mature shade trees. Increased Income Opportunities: Install coin-operated laundry in the currently vacant laundry room. The commercially zoned back portion of the property offers exciting possibilities for further income streams, buyer to verify feasibility
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The average household income in
Redding, CA
grew
from
$44,573
to
$46,389
in the past year. This data is an estimate based upon
36,410
households in
Redding, CA. The chart below presents how household income is distributed in
Redding, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Redding, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Redding, CA
equals
$2k-$3k
, which is
less
than the national average.