EXECUTIVE SUMMARY

Lassen County MH & RV Portfolio presents a rare opportunity to acquire two MH/RV communities in Northern California’s Lassen County—an area renowned for its breathtaking natural landscapes, year-round outdoor recreation, and increasing demand for affordable housing. These properties offer significant upside potential, providing investors with the opportunity to boost occupancy and enhance value.

Lassen West RV Village is situated on 20.78 acres in Westwood, CA. Lassen West RV Village features 98 sites permitted for MH with a current occupancy of 46.9%. Priced at $2,950,000 only $30,102 per unit, this property benefits from its proximity to Lake Almanor, Lassen Volcanic National Park, and other major outdoor attractions, making it an appealing destination for both full-time residents and seasonal visitors. With nearly half of the sites vacant, there is a clear opportunity to increase occupancy through targeted marketing, infrastructure improvements, and long-term leasing strategies. Additionally, the expansive acreage presents potential for new amenities or site expansion, further enhancing revenue opportunities.

Susanville Village RV is located in Susanville, CA, and spans 6.84 acres with 49 sites permitted for MH and a 65.3% occupancy rate. Priced at $1,040,000, only $21,224 per unit, this property provides immediate upside potential through improved occupancy and operational efficiencies. With enhanced management and strategic marketing initiatives, occupancy can be significantly increased, unlocking additional revenue opportunities.

Strategically located just 30 minutes apart, Lassen West RV Village and Susanville Village RV offer investors the advantage of immediate scale in Northern California. This portfolio presents a compelling opportunity to acquire two established communities with substantial value-add potential.