55+ Manufactured Home with
For Sale
$157,000
1225 N Dixie Downs RD 84, St George, UT 84770
Move-in ready manufactured home with updated flooring, attached carport, and private storage shed within a 55+ RV resort.
Property Size416 SF
Days on Market163
Property Features for 1225 N Dixie Downs RD 84
General Information
Standard status
Active
Size
416 SF
Property subtype
Mobile Home/Owned Lot
Additional Details
Outdoor Storage
Yes
Amenities
clubhouse
indoor pool
hot tub
Building Details
Building Size
416 SF
Year Built
2020
Listing Agency:
RE/MAX ASSOCIATES ST GEORGE
(435) 652-5339
Listed By:
RYAN M KRAMER · License #5581587
(435) 229-3653
Source:
Gardnerrealestate
Added: Feb 27
Changed: Aug 8
Last Checked: Aug 9 at 11:56AM
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 RE/MAX ASSOCIATES ST GEORGE
Investment Insights
Based on property information with market context.
Welcome to comfortable living in the 55+ community of Dixie Downs RV Resort. This well maintained home offers updated flooring and features an attached carport along with a private storage shed out back for added storage.
HOA amenities include two clubhouses, an indoor pool, and a hot tub. The community is described as ideally located just minutes from grocery stores, restaurants, and other daily conveniences, providing easy access for everyday needs.
The home is presented as clean, comfortable, and move-in ready, with low maintenance living supported by the community’s homeowner association amenities.
HOA amenities include two clubhouses, an indoor pool, and a hot tub. The community is described as ideally located just minutes from grocery stores, restaurants, and other daily conveniences, providing easy access for everyday needs.
The home is presented as clean, comfortable, and move-in ready, with low maintenance living supported by the community’s homeowner association amenities.
Key Highlights
- 2020‑built manufactured home in a 55+ community
- Move‑in ready with updated flooring
- Includes an attached carport
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
$4,622
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
2.94%
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%
$92,440
$92.4K
Cap Rate 7%
$66,029
$66.0K
Cap Rate 9%
$51,356
$51.4K
Market Conditions
NOI Build-Up for 416 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
$8.7K $21.00/SF
− Vacancy
−$332 −$0.80/SF
EGI
$8.4K $20.20/SF
− OpEx
−$3.8K −$9.09/SF
NOI
$4.6K $11.11/SF
Area
Washington County, UT
Vacancy
3.80%
Lease Rate
$21.00 /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%
$92,440
Cap Rate 7%
$66,029
Cap Rate 9%
$51,356
Alternative Uses
Best Use
Apartment 5plus
$66.0K
$57.8K – $77.0K
NOI $4,622 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$114.6K
$100.2K – $133.7K
NOI $8,019 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 84770, UT
44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
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 - Move-in ready manufactured home with updated flooring, attached carport, and private storage shed within a 55+ RV resort.
Where is this mobile home & rv park located?
The property is located at 1225 N Dixie Downs RD 84 St George, UT.
What is the asking price?
The asking price for this property is $157,000.
What are key features of this property?
This property features: 2020‑built manufactured home in a 55+ community; Move‑in ready with updated flooring; Includes an attached carport
