24680 Hidden Harbor Dr

Los Molinos, CA
For Sale
$2,750,000
$2,750,000
24680 Hidden Harbor Dr, Los Molinos, CA
Units
95
Price/Unit
$28,947
Cap Rate
6.65%
Type
All-Age
Occupancy
60.8% (45 occupied units out of 74 units currently reflected on the rent roll)
Acres
±9
Investment Type
Value-Add / Outdoor Hospitality / Mixed-Use RV & MHC
Year Built
1948 / 1950
View Offering Memorandum

About the property

CRI Brokerage is proud to present Hidden Harbor Marina & RV Park, a unique waterfront investment opportunity situated along the Sacramento River in Los Molinos, California. The property encompasses approximately ±9 acres and 95 HCD-permitted sites, offering a diversified mix of manufactured housing, RV accommodations, cabins, and apartment units in a highly desirable recreational setting.

The community benefits from direct Sacramento River frontage, private river access, a boat launch, on-site laundry, leasing office, rooftop solar infrastructure, and multiple ancillary income sources. With current occupancy at approximately 60%, Hidden Harbor offers meaningful value-add potential through lease-up, rent growth, professional management, utility optimization, and continued operational improvements.

Further enhancing the investment opportunity, ownership is offering flexible seller financing to qualified buyers, with a minimum 25% down payment, flexible interest rate, and a five-year balloon. This structure provides buyers with acquisition flexibility while preserving the opportunity to capture additional cash flow as occupancy and NOI improve.

With its combination of waterfront recreation, affordable housing, outdoor hospitality, diversified income streams, and substantial operational upside, Hidden Harbor Marina & RV Park presents a compelling opportunity for investors seeking both immediate cash flow and multiple paths to long-term value creation.

Investment Highlights

  • 95 HCD-Permitted Sites
  • ±9 Acres Along the Sacramento River
  • Direct Sacramento River Frontage
  • Approximately 60% Current Occupancy
  • Significant Lease-Up Opportunity
  • Multiple Revenue Streams
  • Manufactured Housing, RV, Cabin & Apartment Income
  • Seller Financing Available
  • No Rent Control
  • Private Boat Launch & River Access
  • On-Site Laundry & Leasing Office
  • Existing Rooftop Solar Infrastructure
  • Utility Bill-Back Program Implemented
  • Recent Septic / Leach Field Improvements
  • Below-Market In-Place Rents
  • Rent Growth Potential
  • Operational Value-Add Opportunity
  • Professional Management Upside
  • Ancillary Income Growth Potential
  • Expansion / Additional Lease-Up Potential
  • Adjacent to Mill Creek Park
  • Approximately 30 Minutes to Chico
  • Diversified Outdoor Hospitality Platform
  • Attractive $28,947 Per-Site Basis
  • Immediate In-Place Cash Flow
  • Flexible Seller-Carry Financing Structure
Units
95
Price/Unit
$28,947
Cap Rate
6.65%
Type
All-Age
Occupancy
60.8% (45 occupied units out of 74 units currently reflected on the rent roll)
Acres
±9
Investment Type
Value-Add / Outdoor Hospitality / Mixed-Use RV & MHC
Year Built
1948 / 1950
Utilities:
Water: Private Well System Sewer: Private Septic — new leach field recently added Electric: PG&E — meters read by park Water Billing: Currently not billed back to tenants Trash: $25/month billed separately
NOI:
$184,684
Seller Financing:
Available

Offering Memorandum

To review the offering memorandum and supporting materials, please submit your contact information below.

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Pierce Brazil
Pierce Brazil
Senior Investment Associate
Pierce Brazil
Senior Investment Associate
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