Case Study

Foothills Solar Community

Butte Valley, CA

The Foothills Solar Community acquisition underscores Three Pillar Communities’ ability to envision potential where others see limitations. We recognize the value in underserved communities, particularly those where traditional infrastructure presents challenges.  

These communities often hold the potential for significant transformation, aligning perfectly with our mission of sustainable, resident-centric development.  

By transforming this community with solar energy, modern homes, and improved amenities, we’ve created a highly desirable living environment while demonstrating our capacity to successfully execute innovative real estate strategies that prioritize environmental responsibility and resident well-being.

Unit Count

Acquisition Type

Market Profile
Rural (Tertiary), Private Utilities

Purchase Price

Sale Price

Equity Multiple

Resident Wins

Green Energy
New Manufactured Homes
New Playground
Road Improvements

Investor Wins

16.4% IRR
Bonus depreciation and federal tax credits from solar project
Steady cash distributions from operating profits