1679 Oro Dam Blvd W , Oroville, CA 95965
$1,700,000
Est. Payment: $9,330.24/mo
1 Bed
3.45 Acres
Status: ACTIVE | Days on site: 5
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House Description

Rambling Rose MP󠃍󠂏󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃢󠂁󠂡󠃡󠂠󠂎 and Knotty Estates are a two-property manufactured housing community portfolio totaling 33 sites consisting of 16 mobile home sites, 13 RV sites with drain, 3 detached single family residences, and one bar/restaurant building in Oroville, California. The combined portfolio is priced at $1,700,000 and is 88% occupied with 4 vacant sites including one vacant park owned home and two vacant mobile homes that were abandoned by the prior owner and are in process of having title transferred to seller. With current NOI of $127,399, the pricing equates to a 7.49% going-in cap rate. The majority of current resident rents fall between $350 - $450 per month, however there have been some new sites in-filled at premium rates. Portfolio average site rents are $445, which equates to a 32% discount to the comparable communities nearby. There is a clear path to increased income at Rambling Rose MP and Knotty Estates through in-filling the remaining vacant sites and measured increases to in-place rents to approach market rates. Rambling Rose MP is 16-site manufactured home community with 14 MH sites and 2 detached single family residences. The single family residences are in good condition and leased long term for $1,400 per month. There are two vacant mobile homes that were abandoned by the prior owner and are currently in the process of being renovated and having title transferred to the seller. Knotty Estates is a 17-site RV & manufactured home and community with 2 MH sites, 13 RV sites, 1 detached single family residence, and a commercial building that is leased to a bar.

Highlights

Listed by Tim Ryan , 310-862-6103 Avine Real Estate , 949-432-4055. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
3.45

County

Butte

Listing ID

OC26210996

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1

Exterior Features

Zoning:Other
Principal Interest
$9,330
Taxes
$1,084

Home Price

$1,700,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,330.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,330.24 $1,083.75 $0.00 $10,413.99
Yearly $111,962.82 $13,005.00 $0.00 $124,967.82
Total $3,358,884.65 $390,150.00 $0.00 $3,749,034.65

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Oroville, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-03T11:51:59.000Z

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