7035 Pentz Rd - Commercial LAND FOR SALE


Paradise, CA 95969 169,013 SF
$650,000 USD
480-848-4063
7035 Pentz Rd, Paradise, CA for Sale
$650,000 USD
Commercial LAND - FOR SALE
1/10
169,013 SF

7035 Pentz Rd
Paradise, CA 95969


HIGHLIGHTS

  • Seller Financing – Attractive seller financing is available for qualified borrowers (25% Down, 5% I/O, 3 year term).
  • Permits – The seller obtained construction permits from HCD at a cost of +/- $40,000.
  • Utilities - Each pad is set up for direct gas and electric billing with PG&E. Engineered plans for septic and water systems are available.
  • Sites – All 32 sites are large enough for a doublewide MH.
  • Rent Comps – Comparable manufactured home communities in Paradise are earning monthly space rents averaging $612.
  • Location – Within 10 minutes of retail and services in Downtown Paradise, 30 minutes of Chico, CA and 90 minutes of Sacramento, CA.

OVERVIEW

Blue Spruce Mobile Estates is comprised of 3.88 acres located in Paradise, CA, nestled in the scenic foothills of the Sierra Nevada. The Property has been issued a permit by HCD to operate and utility pedestals for direct billed gas and electric from Pacific Gas & Electric (PG&E) have been installed at all 32 pads. Significant capital improvements have been made to pre-develop the property and engineering is complete for septic and water systems to be installed, making Blue Spruce a true “plug and play” opportunity. With a price of $650,000 ($20,318 per pad), Blue Spruce Mobile Estates will allow a development-minded operator to establish a high-quality community at a favorable investment basis. Further priming Blue Spruce to generate attractive cash flows, seller financing is being offered for qualified borrowers at 5% Interest Only for a three-year term with 25% down. The town of Paradise is blooming thanks to substantial public and private investment. In in 2022, $73mm was allocated to repave all public roads and public underground utility repairs were completed in 2024. Public water testing has been complete and service has been restored from Paradise Irrigation District (PID). Businesses and residents have returned to Paradise, with numerous retailers located within 3-miles of Blue Spruce such as Dollar General, Walgreens, Dollar Tree, Ross Dress for Less, and more. For major employment and services, Blue Spruce is located approximately 30 minutes from Chico, CA and 90 minutes from Sacramento, CA.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/ACRE

$167,526/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Blue Spruce Mobile Estates Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Manufactured Homes/Mobile Home Park

LAND ACRES

3.88 AC

LAND SF

169,013 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas, Streets

ZONING

A2LTD

APN/PARCEL ID

050-052-065-000

ASK ABOUT THIS PROPERTY

Tim RyanAvine Real EstateMore Info
480-848-4063

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Tim RyanAvine Real EstateMore Info
480-848-4063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.