Discover an exceptional investment opportunity with this well-established RV park, boasting a robust history of consistent income. Catering to a long-term, diverse tenant base, the park offers a relaxed shady campground setting. Currently, there are 21 permitted spaces, plus a versatile bonus space #0, totaling 22 spaces. Five of these spaces feature breathtaking lake views, enhancing their appeal and rental value. Currently, all tenants are long- term. Vacancies fill up quickly with little need to advertise. Each space is equipped with all-new submetered electricity pedestals and two hose bibs. There park has conventional septic and there are mobile pump-out services available. The park amenities include well-maintained male and female restrooms with showers, a new 100-gallon water heater, and a coin-operated laundry facility. Upgrades include all-new underground water & electricity infrastructure including new 50, 30, 20 amp pedestals. Two new recently installed 400 amp main panels ensure reliable service to all tenants and enough power for expansion. A key feature of this property is the undeveloped acreage. The seller has secured a current permit from the California Department of Housing and Community Development authorizing the addition of 15 new spaces. This permit is transferable to the buyer, presenting a unique opportunity for expansion. The sale includes comprehensive engineered plans, a significant investment exceeding $100,000. Additionally, the permit and plans cover the installation of septic systems for four existing spaces enhancing the property’s infrastructure. A copy of the permit is available upon request. This presents a lucrative opportunity for expansion, whether as long-term rentals, or short-term rentals with potential rates starting at $50 per night. The location is prime, just 2 miles from Lime Saddle boat marina, 20 miles from Chico, and 10 minutes from Butte College, making it ideal for both tourists and residents. The undeveloped acreage could also be used for boat storage or tent camping. Situated just south of the city limits of the town of Paradise, this property enjoys a mild climate with little chance of winter snow. No apparent adverse easements, encroachments, or other conditions impact the property. This is a rare chance to acquire a high-performing asset with significant growth potential. Take advantage of this remarkable opportunity to maximize your investment portfolio.
Property Details
Price:
$1,295,000
MLS #:
SN24158673
Status:
Active
Baths:
0
Address:
3922 Pentz Road
Type:
Residential Income
Subtype:
Commercial/Residential
City:
Paradise
Listed Date:
Jul 26, 2024
State:
CA
ZIP:
95969
Lot Size:
239,580 sqft / 5.50 acres (approx)
Year Built:
2023
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Schools
Interior
Exterior
Association Amenities
Trash, Water
Community Features
Biking, B L M/ National Forest, Fishing, Foothills, Lake, Watersports
Garage Spaces
0.00
Lot Features
Irregular Lot
Parking Features
Assigned, Boat, Gravel, Private, R V Access/ Parking, R V Hook- Ups, R V Potential
Parking Spots
50.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
1
Water Source
Public
Financial
Utilities
Electricity Connected
Map
Community
- Address3922 Pentz Road Paradise CA
- CityParadise
- CountyButte
- Zip Code95969
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Courtesy of Upside Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
3922 Pentz Road
Paradise, CA
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