Country Living MH & RV Park

Property Description:

Stable all ages community located in the City of Madera 18 miles north of Fresno. Madera’s current population is 61,416 up from 43,207 in 2000 and Fresno has a population of over 500,000. 51 large manufactured home sites with a mix of doublewide and singlewide homes with sites rents of $395 and $410. Currently three vacant mh sites. No rent control in the City of Madera. For all but five mh sites the gas and electric are directly billed by PG+E. The septic sewer, well water, and trash utilities are included in the rent. 49 RV sites with most of the tenancy being monthly/extended stay at an average of 33 sites. 25 pull thrus and some 50 amp electric. RV sites are $320‐$435 monthly plus submetered electric and $25 or $30 Daily. Only a few RV parks in the greater Fresno area and strong demand. Amenities include a swimming pool, clubhouse, bathrooms and showers, and laundry room. Manager doublewide home included in the sales price.

Property is zoned C2, heavy commercial. The City Planner at the City Madera says a parcel split of the vacant acreage would not be approved at this time as the vacant acreage has no frontage on a city street. The City would probably allow additional mobile home or RV sites on the vacant acreage but would require the existing park and the new portion of the park to connect to the City sewer, water, and storm drain utility systems that are on Kennedey Street. Broker obtained from City manager the connections costs as water $846, sewer $458, and storm drain $2,028 per EDU. Mobile home sites are one EDU each and RV site are typically two per EDU.