3922 Pentz Road

Paradise, CA 95969

$1,295,000
Price
239,580 / 5.5
Lot Size / Acres
Area for expansion into 15 more spaces

Description

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...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. AGR is $142,500. Noi $102,205, cap 8% grm 9. A more detailed brochure is available upon request. 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. 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.
  1. Listed by Dustin Cheatham • DRE #01972561 • Brokerage DRE #02014153 • Upside Real Estate • 530-355-6881

Property Details for 3922 Pentz Road

View
Lake
Lot Size Source
Assessor
Assessor Parcel Number
041460019000
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 11/20/2024 03:28 AM

Property Details for 3922 Pentz Road

StatusActive
MLS #SN24154393
Days on Compass118
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size5.50 AC
CountyButte County

Building Information for 3922 Pentz Road

Lot Size5.50 AC

Property Information for 3922 Pentz Road

Income / Expense / Tax Details
Income Details
  • Current Financing: Private
Tax / Assessment Info
  • Tax Census Tract: 23.00
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Fishing, Foothills, Golf, Hiking, Lake, Hunting, Watersports
Property / Structure Info
Exterior Features
  • View Description: Lake
  • Waterfront Features: Fishing in Community, Lake, Navigable Water
Distance To
  • Distance To Water: 1
Land/Lot Info
  • Lot Features: Sprinkler System
  • Current Use: Multi-Family
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Gravel
  • Road Frontage Type: County Road
  • Water Well: No
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Utilities: Electricity Connected, Propane, Underground Utilities, Water Connected
  • Electric: Electricity Connected, Propane, Utilities Underground, Water Connected
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 3922 Pentz Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3922 Pentz Road

Taxable ValueLand$493,461Additions$159,181Total$652,642
Tax Record2024$7,236 ($603 / month)
Home Facts
Lot Size239,580 SqFtStyleMobile Home ParksZoningFR-40CountyBUTTEAPN041-460-019-000

Schools near 3922 Pentz Road

This home is within Golden Feather Union Elementary School District.
Rating
School
Type
Grades
Distance
Concow Elementary School
Public - K to 8
Oroville High School
Public - 9 to 12
Oroville High Community Day School
Public - 9 to 12
Prospect High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Concow Elementary School
PublicK to 8

Oroville High School
Public9 to 12

Oroville High Community Day School
Public9 to 12

Prospect High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3922 Pentz Road, Paradise, CA 95969

3922 Pentz Road is a 5.5 ac of land for sale in Paradise, CA 95969. This property was listed for sale on July 26, 2024 by Upside Real Estate, it's currently listed at $1,295,000. It has been on the market for a total of 118 days and was last sold on May 18, 2021. This listing's school districts are Golden Feather Union Elementary School District, Oroville Union High School District. Nearby schools include Concow Elementary School, Oroville High School and Oroville High Community Day School. 3922 Pentz Road is a 0-bed, 0-bath, 5.5 ac of land on a 239,580 sq. ft. / 5.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Upside Real Estate, Dustin Cheatham, DRE #01972561

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.