Residential Income
131 Oakwood Drive Petaluma, CA 94954
131 Oakwood Drive, Petaluma, CA, 94954
$239,000
For Sale
$239,000
For sale in Sonoma County and marketed as a residential income/multifamily property with mobile home and RV park use.
Property Size1,369 SF
Price / SF$174.58
Days on Market13
Property Features for 131 Oakwood Drive
General Information
- Standard status
- Active
- Size
- 1,369 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 2004
Listing agency
(707) 799-7297
Listed by
Norma J. Gutierrez · License #01051035
Source
Evrealestate
Added: Jul 10 Updated: Jul 22 at 4:22AM Checked: Jul 22 at 4:22AM
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 Norma J. Gutierrez
Investment Insights
Based on property information with market context.
This property at 131 Oakwood Drive is being marketed for residential income, multifamily, and mobile home & RV park use categories. The offering is listed for sale in Sonoma County.
Access directions are provided for entering The Cottages from North McDowell Blvd, following Candlewood Drive, turning right onto Maplewood Drive, then left on Oakwood Drive to the corner of Oakwood Drive and Elmwood Drive.
With its identified use categories and clear on-site access instructions, this property may be relevant for buyers evaluating a residential-income configuration within The Cottages.
Access directions are provided for entering The Cottages from North McDowell Blvd, following Candlewood Drive, turning right onto Maplewood Drive, then left on Oakwood Drive to the corner of Oakwood Drive and Elmwood Drive.
With its identified use categories and clear on-site access instructions, this property may be relevant for buyers evaluating a residential-income configuration within The Cottages.
Key Highlights
- Year built 2004
- Central heating with natural gas
- Cooling with ceiling fan(s)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.7k | $14.40 |
| − Vacancy | −$1.3k | −$0.92 |
| EGI | $18.5k | $13.48 |
| − OpEx | −$8.3k | −$6.07 |
| NOI | $10.1k | $7.41 |
1,369 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$145.0K
$126.9K – $169.2K
NOI $10,149 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$371.0K
$324.6K – $432.8K
NOI $25,968 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - For sale in Sonoma County and marketed as a residential income/multifamily property with mobile home and RV park use.
Where is this mobile home & rv park located?
The property is located at 131 Oakwood Drive Petaluma, CA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Year built 2004; Central heating with natural gas; Cooling with ceiling fan(s)
