2BR/1BA Mobile Home in
For Sale
Contact for pricing
12-2465 Palermo Rd, Palermo, CA 95968
All-ages mobile estate home with 2 bedrooms and 1 bath on a large lot, with utilities covered by space rent.
Property Size500 SF
Price / SF$40
Days on Market178
Property Features for 12-2465 Palermo Rd
General Information
Standard status
Active
Size
500 SF
Property subtype
Manufactured In Park
Listing Agency:
eXp Realty of California Inc
(888) 832-7179
Listed By:
Adam Avalos · License #02158366
(530) 933-3541
Source:
Exprealty
Added: Apr 27
Changed: Oct 21
Last Checked: Oct 21 at 12:41AM
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 eXp Realty of California Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 2465 Palermo Road, Unit 12, this all-ages home in Feather Falls Mobile Estates offers 2 bedrooms and 1 bathroom on a large lot. The property is presented as a handyman-friendly opportunity, with room for updates and personalization.
The community is described as well-kept, and the home is positioned just minutes from Oroville gas stations and dining, as well as nearby foothills and local casinos.
Space rent is described as affordable and includes several utilities, which can help keep monthly costs manageable. This is an ownership opportunity within an all-ages mobile estate setting.
The community is described as well-kept, and the home is positioned just minutes from Oroville gas stations and dining, as well as nearby foothills and local casinos.
Space rent is described as affordable and includes several utilities, which can help keep monthly costs manageable. This is an ownership opportunity within an all-ages mobile estate setting.
Key Highlights
- All‑ages Feather Falls Mobile Estates mobile home at 2465 Palermo Road, Unit 12
- 2‑bedroom, 1‑bath layout
- Large lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,679
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,580
$113.6K
Cap Rate 7%
$81,129
$81.1K
Cap Rate 9%
$63,100
$63.1K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$10.8K $21.60/SF
− Vacancy
−$475 −$0.95/SF
EGI
$10.3K $20.65/SF
− OpEx
−$4.6K −$9.29/SF
NOI
$5.7K $11.36/SF
Area
Butte County, CA
Vacancy
4.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$113,580
Cap Rate 7%
$81,129
Cap Rate 9%
$63,100
Alternative Uses
Best Use
Apartment 5plus
$81.1K
$71.0K – $94.7K
NOI $5,679 @ 7.0% cap · market cap 28.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.4K
$203.4K – $271.1K
NOI $16,268 @ 7.0% cap · market cap 81.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 95968, CA
1,512
Population
592
Households
2.6
Avg Household Size
38
Median Age
2%
College-Educated
66%
High-School Grad
1.8 sq mi
ZIP Area
840
Density / Sq Mi
$37,531
Median Household Income
$33,102
Median Earnings
$1,132
Median Rent
$122,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - All-ages mobile estate home with 2 bedrooms and 1 bath on a large lot, with utilities covered by space rent.
Where is this mobile home & rv park located?
The property is located at 12-2465 Palermo Rd Palermo, CA.
What are key features of this property?
This property features: All‑ages Feather Falls Mobile Estates mobile home at 2465 Palermo Road, Unit 12; 2‑bedroom, 1‑bath layout; Large lot
