Executive Summary

CRI Commercial Real Estate is proud to present the Northern California MHC Portfolio — a rare opportunity to acquire four mobile home communities totaling 145 sites across Yuba City, Kelseyville, Orland, and Los Molinos. Strategically positioned in California’s Northern Valley, the portfolio benefits from proximity to major highways, expanding local economies, and abundant outdoor recreation. This offering is ideal for investors seeking to scale in a supply-constrained market with strong, sustained demand for affordable housing.

Key highlights include public water and utilities (three on public sewer, one on septic), a high percentage of resident-owned homes, and below-market lot rents offering significant upside. With average occupancy at 86% and opportunities for operational efficiency, the portfolio delivers both stable in-place income and compelling value-add potential.

Investment Highlights

  • Rare Portfolio Scale in a Supply-Constrained Market
  • RECENT CAPITAL IMPROVEMENTS - including new pavement and all new utility meters at Walnut Estates (May 2025)
    Recent Secondary Well added at Country Leisure Mobile Estates.
  • ATTRACTIVE Strong ASSET PORTFOLIO
  • LOW NUMBER OF PARK OWNED HOMES
  • HIGH OCCUPANCY
  • BELOW MARKET LOT RENTS
  • NO RENT CONTROL

LOCATION

NORTHERN CALIFORNIA 

Located in the heart of Northern California’s Central Valley and wine country region, the portfolio benefits from strong demand drivers including affordable housing shortages, growing employment hubs, and proximity to regional metros like Sacramento, Chico, and Redding. The area offers a blend of rural charm and access to essential services, with strong school districts, agricultural industries, and year-round outdoor recreation drawing long-term residents. These strategic locations provide a stable tenant base and favorable market dynamics for continued rent growth and operational upside.

Address (4 locations)

- 7043 CA-32, Orland, CA 95963S

-
8255 State Highway 99E, Los Molinos, CA 96055

-5495 5th St, Kelseyville, CA 95451

-2864 Jefferson Ave, Yuba City, CA 95993

2025 Rankings
#1
The Yuba City housing market earned a Compete Score™ of 75/100 from Redfin in May  2025,  (median ~20–35 days) with many closing at or near list price
– Redfin
#2
Chico State University — Regional Academic Recognition.
- ChicoStateToday
#3
Sacramento ranks 3rd among U.S. cities for diversity and 6th in California, based on Niche’s 2025 rankings
- Niche
Sacramento, CA Quick Facts:
2,250,000M
2025 Population
1.4%
5-Yr Projected Population Growth
$488K
Median Home Price