Mobile Home in Gated Senior
For Sale
Contact for pricing
131-2240 Golden Oak Ln, Merced, CA 95341
Two-bedroom residence with central heating and air conditioning, in-unit laundry, and access to shared community amenities.
Property Size856 SF
Price / SF$34.93
Days on Market57
Property Features for 131-2240 Golden Oak Ln
General Information
Standard status
Active
Size
856 SF
Property subtype
Manufactured In Park
Amenities
inside laundry
central Heat & AC
Kitchen
Billiards
Bingo
fitness studio
sauna
spa
sparkling pool
Secured Dog park
Listing Agency:
HomeSmart PV & Associates
5442500
Listed By:
Eddie A. Marmol
4962253
Source:
Exprealty
Added: Sep 3
Changed: Oct 26
Last Checked: Oct 28 at 9:18AM
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 HomeSmart PV & Associates
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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.
This 856-square-foot residence offers two bedrooms, two full bathrooms, and a spacious floor plan. Interior features include laundry facilities and central heating and air conditioning.
The home is located within a gated senior community at Sierra Portal. Shared amenities include a clubhouse with a kitchen, billiards, bingo, fitness studio, sauna, spa, and pool, along with a secured onsite dog park. The property is located at 131-2240 Golden Oak Ln in Merced, California.
The home is located within a gated senior community at Sierra Portal. Shared amenities include a clubhouse with a kitchen, billiards, bingo, fitness studio, sauna, spa, and pool, along with a secured onsite dog park. The property is located at 131-2240 Golden Oak Ln in Merced, California.
Key Highlights
- 856‑square‑foot residence with 2 bedrooms and 2 full bathrooms
- Gated senior community at Sierra Portal
- Central heat and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,412
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,240
$208.2K
Cap Rate 7%
$148,743
$148.7K
Cap Rate 9%
$115,689
$115.7K
Market Conditions
NOI Build-Up for 856 SF
Gross rent
$19.9K $23.28/SF
− Vacancy
−$996 −$1.16/SF
EGI
$18.9K $22.12/SF
− OpEx
−$8.5K −$9.95/SF
NOI
$10.4K $12.16/SF
Area
Merced County, CA
Vacancy
5.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,240
Cap Rate 7%
$148,743
Cap Rate 9%
$115,689
Alternative Uses
Best Use
Apartment 5plus
$148.7K
$130.2K – $173.5K
NOI $10,412 @ 7.0% cap · market cap 34.82%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$188.9K
$165.3K – $220.3K
NOI $13,220 @ 7.0% cap · market cap 44.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 95341, CA
33,194
Population
9,331
Households
3.6
Avg Household Size
29
Median Age
8%
College-Educated
63%
High-School Grad
146.8 sq mi
ZIP Area
226
Density / Sq Mi
$55,516
Median Household Income
$32,184
Median Earnings
$1,172
Median Rent
$295,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Two-bedroom residence with central heating and air conditioning, in-unit laundry, and access to shared community amenities.
Where is this mobile home & rv park located?
The property is located at 131-2240 Golden Oak Ln Merced, CA.
What are key features of this property?
This property features: 856‑square‑foot residence with 2 bedrooms and 2 full bathrooms; Gated senior community at Sierra Portal; Central heat and air conditioning
