For Sale
$627,200

6920 Clark RdParadise, CA 95969

64 Sites, Prime Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional redevelopment opportunity awaits in Paradise, CA with this 9.08-acre mobile home park. Priced aggressively at $627,200, this property offers 64 permitted sites (63 mobile home spaces and 1 single-family residence) at a compelling $9,800 per pad and $69,075 per acre. The property boasts a current active permit to operate, streamlining the development process. Significant infrastructure improvements are underway, with PG&E committed to installing new electric and natural gas systems at no cost to the buyer. Preliminary approvals from the Housing and Community Development (HCD) are in place for site grading, water line replacement, and septic tank upgrades. Construction bids for major improvements have already been secured. Located in Butte County, this property benefits from municipal water, although plans for a new water and septic system are available. The property's zoning is TR 1 (Town Residential 1 Acre Minimum), with the mobile home park being a conforming use with a Conditional Use Permit (CUP). This represents a unique chance to capitalize on Paradise's resurgence following the 2018 Campfire, offering strong potential for immediate equity and long-term investment returns. The APN is 050-082-022. The property is offered fee simple. This is a truly remarkable opportunity to acquire a fully permitted, ready-to-develop mobile home park at a significantly discounted price.

Highlights

  • Exceptional value: $9,800 per space and $69,075 per acre, representing a 50% discount to market comparables.
  • Redevelopment opportunity: 64-site mobile home park (63 mobile homes, 1 single-family residence).
  • New utility infrastructure: Direct-billed electric and gas service from PG&E.
  • Fully permitted: Active Permit to Operate in place.
  • HCD pre-approval: Site grading, waterline, and septic system replacement approved.
  • Ready to build: Construction bids secured for major improvements.

Property Details for 6920 Clark Rd

Property type
Mobile home & RV parks, Land
Buildings
1
Lot Size (sq. ft)
395,525 SF

Location Insight

City
Paradise
County
Butte
State
California
Latitude
39.785599
Longitude
-121.584315
6920 Clark Rd, Paradise, California

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6920 Clark Rd
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