New Home in 55+
For Sale
$215,000
2100 N TREKELL Road #182 Casa, Casa Grande, AZ 85122
New three-bedroom home in Casa Grande's 55+ Casa Verde Estates.
Property Size1,378 SF
Days on Market1081
Property Features for 2100 N TREKELL Road #182 Casa
General Information
Standard status
Active
Size
1,378 SF
Property subtype
Manufactured Home
Amenities
Central Air
Electric
Refrigerator
Built-in Microwave
Dishwasher
Disposal
APS, Composition
Building Details
Building Size
1,378 SF
Year Built
2023
Stories
1
Listing Agency:
Keller Williams Legacy One Realty
Listed By:
Jennifer Apodaca · License #SA669923000
(520) 424-1055
Source:
Kw
Added: Oct 3, 2023
Changed: Sep 9
Last Checked: Sep 16 at 7:58PM
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 Keller Williams Legacy One Realty
Investment Insights
Based on property information with market context.
This brand-new home is located in the beautifully maintained 55+ community of Casa Verde Estates. The spacious floor plan features three bedrooms and two bathrooms, modern styling with white cabinets and black hardware, vinyl plank flooring, and a large primary bathroom with a double sink vanity and walk-in shower. The additional bedrooms can be used for guests or a hobby space. A nice-sized laundry room includes extra cabinets for storage, and there is a storage shed that could be converted to a workshop. The oversized carport completes this home, making it suitable as a winter or summer getaway. The park offers amenities such as a heated pool, spa, and community center. The park offers free lot rent with the purchase of a new home.
Key Highlights
- Brand new 3‑bedroom, 2‑bathroom home.
- Located in the 55+ community of Casa Verde Estates.
- Free lot rent offered with purchase.
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
$10,841
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
5.04%
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%
$216,820
$216.8K
Cap Rate 7%
$154,871
$154.9K
Cap Rate 9%
$120,456
$120.5K
Market Conditions
NOI Build-Up for 1,378 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
$22.3K $16.20/SF
− Vacancy
−$2.6K −$1.90/SF
EGI
$19.7K $14.30/SF
− OpEx
−$8.9K −$6.44/SF
NOI
$10.8K $7.87/SF
Area
Pinal County, AZ
Vacancy
11.70%
Lease Rate
$16.20 /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%
$216,820
Cap Rate 7%
$154,871
Cap Rate 9%
$120,456
Alternative Uses
Best Use
Apartment 5plus
$154.9K
$135.5K – $180.7K
NOI $10,841 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$381.0K
$333.3K – $444.5K
NOI $26,667 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 85122, AZ
55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - New three-bedroom home in Casa Grande's 55+ Casa Verde Estates.
Where is this mobile home & rv park located?
The property is located at 2100 N TREKELL Road #182 Casa Casa Grande, AZ.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Brand new 3‑bedroom, 2‑bathroom home.; Located in the 55+ community of Casa Verde Estates.; Free lot rent offered with purchase.
