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<tr><td class="addresstext" align="center" bgcolor="#333399">Shingletown, CA 96088</td></tr></table>
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<tr><td class="featuresbartext"><b>Features:</b></td></tr></table><table border="0" cellpadding="3" cellspacing="0" width="100%" bgcolor="#FFFFFF"><tr><td class="table1text"><ul>
<li>Pine Ridge Park Estates - 20 Acres - within a half mile of shopping area in Shingletown</li><li>14 Rental Houses &amp; 12 Mobile Home Spaces</li><li>Seller says zoning allows 22 more spaces (details below) &amp; that there is some harvestable timber</li><li>Well maintained property. Most houses rehabbed</li><li>Gross Scheduled Income of $136,000 - 6.8 Gross Rent Multiplier. Cap rate 8.55</li><li>MLS# 11-2308</li></ul></td></tr></table>
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<tr><td colspan=4 align=center><font face="Arial" size="2" color="#FFFFFF"><b>Additional Information</b></td></tr>
<tr><td class="infotext" bgcolor="#FFFFFF">Cap Rate:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>8.55</b></td>
<td class="infotext" bgcolor="#FFFFFF">Annual Gross Income:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>$128084</b></td>
</tr><tr><td class="infotext" bgcolor="#FFFFFF">Annual Operating Expense:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>$48981</b></td>
<td class="infotext" bgcolor="#FFFFFF">Annual Net Income:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>$79103</b></td>
</tr><tr><td class="infotext" bgcolor="#FFFFFF">Number of Units:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>26</b></td>
<td class="infotext" bgcolor="#FFFFFF">Unit Rental Price Range:</td>
<td class="smalltext" bgcolor="#FFFFFF"><b>$285 - $700</b></td>
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<table border="1" cellpadding="10" cellspacing="0" width="100%" bgcolor="#FFFFFF"><tr><td class="table2text"  align="left"><span class="largetextcolor">Remarks:</span><br /><p>Property has its own well &amp; water distribution system w/recent new pump, tank &amp; control box - $10,000.</p>
<p>Multiple septic systems (4) with recent sewer line replacement to part of system. </p>
<p>Seller says zoning allows 22 more RV mobile spaces for permanent "park models" for permanent rentals.</p>
<p>Various personal property may be included: tractor, snow blade, truck, trailer &amp; various supplies/tools.</p>
<p>There is an AT&amp;T cell tower on the property that provides income.</p>
<p></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp; </p></td></tr></table>
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<tr><td align="center" class="table2text"><span class="largetextcolor">Meg Grotting<br />Dennis Grotting</span>
<br />530.224.7170 (Office)<br />530.209.1650 (cell)

<br /><br /><a class="bodylink cb_iframe" href="/ls/forms/ContactAgent.aspx?aid=4667&oid=81623&ot=101" rel="nofollow">Contact Us</a>
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<br /><a class="bodylink" href="javascript:popup('http://www.listingdomains.net/LD_window.asp?type=bio&id=GROM8120915604P_671145935P','LD_window','YES',550,460)">About Dennis & Meg Grotting</a><br />
                                                    <tr><td align="center"><table align="center" border="0" cellpadding="3" cellspacing="2" width="100%" bgcolor="#FFFFFF"><tr><td align="center"><br /><img src="http://www.listingdomains.com/POLibrary/system_data/Logo_doc_library/Logo1/3310843323P.jpg" /></td></tr><tr><td align="center"><a class="officelink" href="http://HomesRedding.com" target="_blank"><b>RE/MAX Five Star Grotting & Assoc.</b></a><br /><span class="smalltext">2405 Hilltop Drive<br />Redding, CA 96002</span><br /><b>530.224.7170</b></td></tr></table></td></tr>
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<span class="textnote">Dennis - Lic.#00335705  Meg - Lic #01220888<br />&copy;&nbsp;2012 Properties Online, LLC, Patent No. US 6,760,707. The above information including square footage is based on data received from the seller and/or from public sources. This information is deemed reliable but has not been independently verified and cannot be guaranteed. Prospective buyers are advised to verify information to their own satisfaction prior to purchase. By providing links to other sites Properties Online, LLC does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or  Properties Online, LLC. Powered by <a class="disclaimerlink" href="http://www.listingdomains.com/">ListingDomains.com</a>.</span></td></tr></table></td></tr>
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