1. Mobile Home Park FRONTIER HILLS 11398 MULETOWN ROAD SHASTA, CA 96087
Ron Largent, “The Largent Team”
2165 Larkspur Street
Redding, CA
(O) (F)
$1,300,000

2. Property Description Mobile Home Park FRONTIER HILLS
11398 MULETOWN ROAD
SHASTA, CA
The Frontier Hills Mobile Home Park is located in the beautiful hills of Old Town Shasta less than 6 minutes from downtown Redding, CA.
The park was built in 1970(s) and has a total of 28 units conveniently located off of HWY 299 West.
There is a duplex located in the front of the park and the other 26 spaces are mobile homes.
Public-Private well and water (septic system with well water and public utilities).
Managers office is located in the park and available for tenant on-site needs.
Laundry facility and RV parking area (Minimal Monthly Fee) is located in the park.
All of the spaces are unique in design and offer beautiful scenery and quiet surroundings. (55 and older park).
Excellent investment income property with a net income cap of 7%. (Proforma Cap of 9%)
Low monthly operational expenses and income generated from monthly rental of spaces.
Park rents include water, sewer and garbage.
History of long term tenants with ideal setting for seniors and retired individuals.

3. Excellent Mobile Home Park
FRONTIER HILLS
Mobile Home Park
Investment Data
11398 MULETOWN ROAD
SHASTA, CA
INVESTMENT INCOME PROJECTION WORKSHEET
*ANNUALIZED OPERATING DATA
PROFORMA Park & Duplex
CAP RATE:
7.80%
Gross Operating Income
$121,880
$137,396
PROFORMA
Total Expenses
$35,959
Net Operating Income
$85,921
$101,437
PARK EXPENSES
PARK INCOME
Current Rent/Mo.
ProForma
Real Estate Taxes
$6,011
Space 1 -26
$335
$350
Insurance
$1,555
Space 27 $0
Admin / Office
$274
Space 28
Repairs & Maintenance
$6,694
Total Income Monthly
$8,710
$9,800
Utilities
$16,297
Total Income Annually
$104,520
$117,600
$30,831
Laundry
$320
$236
Parking / Storage
$840
$1,860
DUPLEX EXPENSES
Total Annual Park Income
$105,680
$119,696
$3,000
DUPLEX INCOME
$96
Home A
$875
$925
$477
Home B
$475
$550
$1,350
$1,475
$5,128
Total Annual Duplex Income
$16,200
$17,700
* Data for 2009 forward.
Offering Price:
$1,300,000
Management is not included in expenses. This is for illustrative purposes only. The buyer is suggested to contact the seller for specifice financial records
prior to an offer. The Largent Team and Keller Wiliams is providing this for information purposes and is not liable for any financial inaccuracies.
Excellent Mobile Home Park
Long term tenants
Senior MHP quiet & beautiful
Manager on site
Location is ideal

4. Parcel & Map View Mobile Home Park FRONTIER HILLS 11398 MULETOWN ROAD
SHASTA, CA
Old Town Shasta
Whiskeytown Lake