All-Ages Mobile Home
For Sale
$119,900
63 Round Table Dr, Riverside, CA 92507
All-ages mobile home park offering clubhouse, pool, spa, and recreation amenities, plus a remodeled 2-bedroom home.
Property Size800 SF
Price / SF$149.88
Days on Market898
Property Features for 63 Round Table Dr
General Information
Standard status
Active
Size
800 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Listing Agency:
1st Class Realty Group
(909) 288-4663
Listed By:
Hugo Rojas · License #01955422
(909) 276-5020
Source:
Exprealty
Added: May 6, 2024
Changed: Oct 13
Last Checked: Oct 19 at 7:33AM
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 1st Class Realty Group
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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.
King Arthur Estates is an all-ages mobile home park located at 63 Round Table Dr in Riverside, California. The park includes a clubhouse, pool, spa, lounge area with TV, library, basketball court, and a playground.
The included manufactured home is a 2-bedroom, 2-bath layout with two bonus rooms. The kitchen has been recently remodeled with a new kitchen island, cooktop, stainless steel range hood, granite counters, new cabinets, and a tiled backsplash. Flooring updates include tiled flooring in the kitchen and bathrooms and new wood-like vinyl plank flooring throughout the living, dining, hallway, and bedrooms.
Additional listing materials include a 3D virtual tour, with open house dates available through the listing details.
The included manufactured home is a 2-bedroom, 2-bath layout with two bonus rooms. The kitchen has been recently remodeled with a new kitchen island, cooktop, stainless steel range hood, granite counters, new cabinets, and a tiled backsplash. Flooring updates include tiled flooring in the kitchen and bathrooms and new wood-like vinyl plank flooring throughout the living, dining, hallway, and bedrooms.
Additional listing materials include a 3D virtual tour, with open house dates available through the listing details.
Key Highlights
- All‑ages mobile home park with clubhouse, pool, spa, and lounge area
- Recreation amenities include a library, basketball court, and playground
- Remodeled 2‑bedroom, 2‑bath manufactured home with 2 bonus rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,862
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,240
$217.2K
Cap Rate 7%
$155,171
$155.2K
Cap Rate 9%
$120,689
$120.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$20.8K $26.04/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$19.7K $24.69/SF
− OpEx
−$8.9K −$11.11/SF
NOI
$10.9K $13.58/SF
Area
ZIP 92507
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,240
Cap Rate 7%
$155,171
Cap Rate 9%
$120,689
Alternative Uses
Best Use
Apartment 5plus
$155.2K
$135.8K – $181.0K
NOI $10,862 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,321
Businesses Nearby
Explore this area
Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
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 home park offering clubhouse, pool, spa, and recreation amenities, plus a remodeled 2-bedroom home.
Where is this mobile home & rv park located?
The property is located at 63 Round Table Dr Riverside, CA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: All‑ages mobile home park with clubhouse, pool, spa, and lounge area; Recreation amenities include a library, basketball court, and playground; Remodeled 2‑bedroom, 2‑bath manufactured home with 2 bonus rooms
