1080 Pearson Road
Paradise, CA 95969
Forest Glen MHP is a 24-site, age-restricted mobile home park located in the heart of Paradise, Butte County.
Sales Price $1,200,000
Beds
1
Baths
0
Home Size
1000 Sq. Ft.
Lot Size
129373 Sq. Ft.
Forest Glen MHP is a 24-site, age-restricted mobile home park located in the heart of Paradise, Butte County.
The community is currently 83.3% occupied, with a unit mix consisting of 19 tenant-owned RVs, 1 community-owned mobile home designated as the office and manager s quarters, and 4 sites. The park is fully permitted by HCD for 24 mobile home sites, offering the opportunity to convert existing RV s to manufactured homes for enhanced stability and upside. This turnkey asset features new utility infrastructure and is professionally managed by an on-site manager, providing operational efficiency. The community operates on municipal water and private septic system (partial replacement), while PG&E supplies direct-billed electric and gas to tenants. Currently, ownership covers water, private septic/sewer, and trash expenses; however, there is a clear path to implement a utility bill-back system. Importantly, there is no rent control in Paradise, and current rents are below market, creating rent growth potential for a new investor. There is a ±0.32-acre adjacent parcel available for sale at $40,000 with Paradise Irrigation District water & septic available, presenting an opportunity for expansion. Strategically located at 1080 Pearson Rd, Forest Glen MHP enjoys proximity to both everyday essentials and regional attractions. Downtown Paradise and local retailers are just minutes away, with the fire station located directly across the street. The surrounding region offers abundant outdoor recreation, including hiking, fishing, and boating at nearby Lake Oroville and Feather River. Chico is a 25-minute drive northwest, providing access to a major university, healthcare centers, and a broader employment base. The community's location strikes an ideal balance between small-town living and accessibility to urban amenities, enhancing its long-term desirability for residents and stability for investors.
This home located at 1080 Pearson Road is currently active and has been available on pardeeproperties.com for 1 day. This property is listed at $1,200,000. It has 1 beds and 0 bathrooms. The property was built in 2023. 1080 Pearson Road is in the Out of Area community of Butte County.
Quick Facts
- 1 day on market
- Built in 2023
- Total parking spaces 0Car
- Community | Out of Area
- MLS# | OC25172215MR
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
Similar Listings
1855 Salida Way
Paradise, CA 95969
Bed
0
Bath
0
Sq Ft.
Price
$34,000
991 Saxberg Dr
Paradise, CA 95969
Bed
0
Bath
0
Sq Ft.
Price
$50,000
5956 Kibler Rd
Paradise, CA 95969
Bed
3
Bath
2
Sq Ft.
1416
Price
$364,900