Senior Park Manufactured
For Sale
$299,950
Pending
325 Sylvan Ave 52, Mountain View, CA 94041
2011 Westbrook Elite model manufactured home with central heating and air conditioning in a senior-restricted park.
Property Size1,040 SF
Days on Market66
Property Features for 325 Sylvan Ave 52
General Information
Standard status
Pending
Size
1,040 SF
Property subtype
Commercial
Building Details
Building Size
1,040 SF
Year Built
2011
Listing Agency:
MGM Real Estate
Listed By:
Dennis Moreno · License #00409846
(408) 888-2553
Source:
Elliman
Added: Jul 4
Changed: Aug 28
Last Checked: Sep 6 at 7:51AM
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 MGM Real Estate
Investment Insights
Based on property information with market context.
This manufactured home is a 2011 Westbrook Elite model within a senior-restricted park. The home features central heating and air conditioning and is reported to be 1,040 square feet.
The property is located in Mountain View at 325 Sylvan Ave, Unit 52, and is described as close to access for major employers. It also sits near the park’s recreational center and pool.
Senior park restrictions apply, including a requirement that at least one person be 55 years old, along with other stated restrictions.
The property is located in Mountain View at 325 Sylvan Ave, Unit 52, and is described as close to access for major employers. It also sits near the park’s recreational center and pool.
Senior park restrictions apply, including a requirement that at least one person be 55 years old, along with other stated restrictions.
Key Highlights
- 2011 New Frontier Park Westbrook Elite manufactured home with central heating and air conditioning
- Single‑wide manufactured home model: Westbrook Elite (2011)
- 1040 sq ft home located near the recreational center and pool
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
$19,768
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
6.59%
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%
$395,360
$395.4K
Cap Rate 7%
$282,400
$282.4K
Cap Rate 9%
$219,644
$219.6K
Market Conditions
NOI Build-Up for 1,040 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
$37.4K $36.00/SF
− Vacancy
−$1.5K −$1.44/SF
EGI
$35.9K $34.56/SF
− OpEx
−$16.2K −$15.55/SF
NOI
$19.8K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /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%
$395,360
Cap Rate 7%
$282,400
Cap Rate 9%
$219,644
Alternative Uses
Best Use
Apartment 5plus
$282.4K
$247.1K – $329.5K
NOI $19,768 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.9K
$549.4K – $732.5K
NOI $43,950 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
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 - 2011 Westbrook Elite model manufactured home with central heating and air conditioning in a senior-restricted park.
Where is this mobile home & rv park located?
The property is located at 325 Sylvan Ave 52 Mountain View, CA.
What is the asking price?
The asking price for this property is $299,950.
What are key features of this property?
This property features: 2011 New Frontier Park Westbrook Elite manufactured home with central heating and air conditioning; Single‑wide manufactured home model: Westbrook Elite (2011); 1040 sq ft home located near the recreational center and pool
