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Image 1 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 2 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 3 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 4 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 5 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 6 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 7 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 8 - Rio Rancho Road, Redding, CA, USA - House for sale
Image 9 - Rio Rancho Road, Redding, CA, USA - House for sale
Home For Sale In Anderson, California
Rio Rancho Road, Redding, CA, USA

Home For Sale In Anderson, California

house for sale
Listed: 03/27/24

Rio Rancho Road, Redding, CA, USA

Studio Bed:
Save
Price
$ 1,15M

About This House

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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Redding Housing & Living

Household Income

Median household income: $46,389
Number of households: 36,410
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.