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All-Age Manufactured Home in Park

109-971 Borden Rd San Marcos, CA 92069

109-971 Borden Rd, San Marcos, CA, 92069
$335,000
For Sale
$335,000

Move-in-ready manufactured home with remodeled kitchen, renovated bathrooms, and central heat and air.

Property Size1,440 SF
Price / SF$232.64
Days on Market20

Property Features for 109-971 Borden Rd

General Information

Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Listing agency HomeSmart Realty West
Listed by Russell Smith
Source Exprealty
Added: Jul 4 Updated: Jul 22 at 12:33PM Checked: Jul 22 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty West


Investment Insights

Based on property information with market context.

All-age manufactured home in a park setting, presented as move-in-ready with extensive interior upgrades. The home features a remodeled kitchen with updated cabinetry, countertops, sink, and appliances, along with tastefully renovated bathrooms that include an oversized soaking tub in the primary suite. Durable luxury vinyl plank flooring runs throughout, complemented by energy-efficient windows with shutters, newer interior doors, widened doorways, and custom built-in cabinetry. Central heat and air conditioning is installed, with major system updates including updated plumbing supply lines and complete HVAC flex duct replacement completed in February 2025.

Outside, the property offers low-maintenance artificial turf, a freshly painted exterior, Trex ramp decking, and an 8' x 11' shed. The home also includes accessibility-friendly improvements. The park amenities listed include a community pool, spa, clubhouse, and basketball court.

The home is positioned as owner-occupied only, with no rentals allowed. RV parking is available for an additional monthly fee, and the space rent is described as increasing in August.

Key Highlights

  • All‑age Rancho San Marcos Park manufactured home: 3BR, 2BA, 1,440 SF, space #109
  • Remodeled kitchen with updated cabinetry, countertops, sink, and appliances
  • Renovated bathrooms including an oversized soaking tub in the primary suite and updated tile work

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.8k $31.80
− Vacancy −$2.3k −$1.59
EGI $43.5k $30.21
− OpEx −$19.6k −$13.59
NOI $23.9k $16.62
1,440 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$341.8K
$299.1K – $398.8K (±1% cap)
NOI $23,926 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.8K
$577.3K – $769.7K (±1% cap)
NOI $46,183 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Pharmacy Hair Salon Auto Parts Store Spa & Massage Center Auto Repair Shop Electrical Service Parking Lot & Garage Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Move-in-ready manufactured home with remodeled kitchen, renovated bathrooms, and central heat and air.
Where is this mobile home & rv park located?
The property is located at 109-971 Borden Rd San Marcos, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: All‑age Rancho San Marcos Park manufactured home: 3BR, 2BA, 1,440 SF, space #109; Remodeled kitchen with updated cabinetry, countertops, sink, and appliances; Renovated bathrooms including an oversized soaking tub in the primary suite and updated tile work
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