All-Ages Mobile Home with 3
For Sale
$244,990
Pending
116-494 S Macy St, San Bernardino, CA 92410
Spacious 3-bedroom, 2-bath mobile home with a bonus room, featuring newer windows, HVAC, roof, and vinyl fencing.
Property Size1,456 SF
Days on Market105
Property Features for 116-494 S Macy St
General Information
Standard status
Pending
Size
1,456 SF
Property subtype
Manufactured In Park
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Listing Agency:
CENTURY 21 SYNERGIA REALTY
(909) 248-5296
Listed By:
Thomas Bannally
(909) 684-0642
Source:
Exprealty
Added: May 24
Changed: Sep 4
Last Checked: Sep 5 at 11:57AM
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 CENTURY 21 SYNERGIA REALTY
Investment Insights
Based on property information with market context.
Located in an all-ages SPA Mobile Home Park in San Bernardino, this spacious mobile home offers an open layout with plenty of natural light. The home includes three bedrooms and two bathrooms, along with an additional bonus room that can serve as a home office, playroom, or extra living space.
Improvements include newer windows, a newer HVAC system, and a newer roof. Vinyl fencing surrounds the property, providing an updated perimeter. The community is conveniently located near shopping, dining, schools, and freeway access, supporting everyday ease for residents.
This is a well-maintained home in a family-oriented, all-ages setting, presented for sale at 116-494 S Macy St.
Improvements include newer windows, a newer HVAC system, and a newer roof. Vinyl fencing surrounds the property, providing an updated perimeter. The community is conveniently located near shopping, dining, schools, and freeway access, supporting everyday ease for residents.
This is a well-maintained home in a family-oriented, all-ages setting, presented for sale at 116-494 S Macy St.
Key Highlights
- 494 S Macy St #116 in San Bernardino, located in an all‑ages SPA Mobile Home Park
- 3‑bedroom, 2‑bath mobile home with a bonus room for office, playroom, or extra living space
- Newer windows, newer HVAC, and a newer roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,500
$373.5K
Cap Rate 7%
$266,786
$266.8K
Cap Rate 9%
$207,500
$207.5K
Market Conditions
NOI Build-Up for 1,456 SF
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.
Gross rent
$35.8K $24.60/SF
− Vacancy
−$1.9K −$1.28/SF
EGI
$34.0K $23.32/SF
− OpEx
−$15.3K −$10.49/SF
NOI
$18.7K $12.83/SF
Area
San Bernardino, CA
Vacancy
5.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,500
Cap Rate 7%
$266,786
Cap Rate 9%
$207,500
Alternative Uses
Best Use
Apartment 5plus
$266.8K
$233.4K – $311.3K
NOI $18,675 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.5K
$383.7K – $511.6K
NOI $30,695 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Spacious 3-bedroom, 2-bath mobile home with a bonus room, featuring newer windows, HVAC, roof, and vinyl fencing.
Where is this mobile home & rv park located?
The property is located at 116-494 S Macy St San Bernardino, CA.
What is the asking price?
The asking price for this property is $244,990.
What are key features of this property?
This property features: 494 S Macy St #116 in San Bernardino, located in an all‑ages SPA Mobile Home Park; 3‑bedroom, 2‑bath mobile home with a bonus room for office, playroom, or extra living space; Newer windows, newer HVAC, and a newer roof
