Residential Income
114 Redwing Drive Santa Rosa, CA 95409
114 Redwing Drive, Santa Rosa, CA, 95409
$175,000
Pending
For Sale
$175,000
Pending
For sale residential income property in Sonoma County with directions provided from Hwy 12.
Property Size784 SF
Days on Market160
Property Features for 114 Redwing Drive
General Information
- Standard status
- Pending
- Size
- 784 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 2003
Listing agency
Decker Bullock Dreyfus, Inc
(707) 695-8811
Listed by
Gus Kyriakos · License #01186673
(707) 695-8811
Source
Evrealestate
Added: Feb 11 Updated: Jul 20 at 9:40PM Checked: Jul 21 at 4:55AM
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 Decker Bullock Dreyfus, Inc
Investment Insights
Based on property information with market context.
This residential income property is offered for sale and is located at 114 Redwing Drive, Santa Rosa, CA 95409 in Sonoma County. The listing notes directions via Hwy 12 to Redwing Drive.
The property is identified in the provided materials as a mobile home & RV park, multifamily property, or residential income property, with a stated size of 784. Additional details on the unit mix, physical condition, and specific configuration are not provided in the information available.
The property is identified in the provided materials as a mobile home & RV park, multifamily property, or residential income property, with a stated size of 784. Additional details on the unit mix, physical condition, and specific configuration are not provided in the information available.
Key Highlights
- Income residential property in Sonoma County (directions: Hwy 12 to Redwing Drive).
- Built in 2003.
- Ductless heating and ductless cooling.
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 | $26.2k | $33.36 |
| − Vacancy | −$1.3k | −$1.60 |
| EGI | $24.9k | $31.76 |
| − OpEx | −$11.2k | −$14.29 |
| NOI | $13.7k | $17.47 |
784 SF · lease $33.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$195.6K
$171.2K – $228.2K
NOI $13,694 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$217.8K
$190.6K – $254.1K
NOI $15,247 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - For sale residential income property in Sonoma County with directions provided from Hwy 12.
Where is this mobile home & rv park located?
The property is located at 114 Redwing Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Income residential property in Sonoma County (directions: Hwy 12 to Redwing Drive).; Built in 2003.; Ductless heating and ductless cooling.
