


Case Study
Foothills Solar Community
Butte Valley, CA
Whereas many investors would shy away from a rural property on private utilities (i.e. with no access to municipal water or sewer), we reconceptualized this 1970s-era mobile home park as a sustainable “solar community,” producing its own water, recycling its wastewater, and generating much of its own electric power. We invested over $1,600,000 and built a 600 kW solar power generation facility. We also installed more than a dozen new manufactured homes.
Unit Count
138
Acquisition Type
Value-add
Market Profile
Rural (Tertiary), Private Utilities
Purchase Price
$6,000,000
Sale Price
$11,450,000
Equity Multiple
2.1X
Resident Wins
Green Energy
New Manufactured Homes
New Playground
Road Improvements
Investor Wins