Park Model Home with Covered
For Sale
$162,900
772-84136 Avenue 44, Indio, CA 92201
Park model home includes a covered deck, parking area, shed laundry, and mini-split heating and cooling.
Property Size400 SF
Price / SF$407.25
Days on Market696
Property Features for 772-84136 Avenue 44
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Property Condition
Severity
Repairs Needed
Evidence
Needs a little TLC
Additional Details
Multifamily Units
1
Amenities
Covered Deck
parking area
W/D in shed
dishwasher
mini-split A/C-Heat Pump
clubhouse
heated pool
spa
golf course
putting course
chipping/putting green
tennis court
pickleball court
shuffleboard
horseshoe pit
fitness center
mailbox
Listing Agency:
Coldwell Banker Realty
(760) 345-2527
Listed By:
James Richmond · License #01729522
(760) 844-2030
Source:
Exprealty
Added: Nov 27, 2024
Changed: Oct 5
Last Checked: Oct 23 at 8:11AM
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 Coldwell Banker Realty
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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 park model home includes a covered deck, dedicated parking area, and a shed with washer and dryer. Interior features include a mini-split A/C-heat pump, dishwasher, and furnishings and equipment offered with the sale. The roof was replaced within the past couple of years, and the property requires some TLC.
The home is located within Rancho Casa Blanca, an 80-acre community in Indio with 801 park model homes or RV sites. Community amenities include two clubhouses, six heated pools and spas, an 18-hole par 3 golf course, tennis and pickleball courts, a fitness center, laundry facilities, mailboxes, and more than 60 clubs and classes. Occupancy is limited to 270 days out of each 365-day calendar year.
The home is located within Rancho Casa Blanca, an 80-acre community in Indio with 801 park model homes or RV sites. Community amenities include two clubhouses, six heated pools and spas, an 18-hole par 3 golf course, tennis and pickleball courts, a fitness center, laundry facilities, mailboxes, and more than 60 clubs and classes. Occupancy is limited to 270 days out of each 365-day calendar year.
Key Highlights
- Park model home with covered deck and parking area
- Washer and dryer located in the shed
- Mini‑split A/C‑heat pump and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,475
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
$129.5K
Cap Rate 7%
$92,500
$92.5K
Cap Rate 9%
$71,944
$71.9K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$12.0K $30.00/SF
− Vacancy
−$228 −$0.57/SF
EGI
$11.8K $29.43/SF
− OpEx
−$5.3K −$13.24/SF
NOI
$6.5K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
Cap Rate 7%
$92,500
Cap Rate 9%
$71,944
Alternative Uses
Best Use
Apartment 5plus
$92.5K
$80.9K – $107.9K
NOI $6,475 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 92201, CA
66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Park model home includes a covered deck, parking area, shed laundry, and mini-split heating and cooling.
Where is this mobile home & rv park located?
The property is located at 772-84136 Avenue 44 Indio, CA.
What is the asking price?
The asking price for this property is $162,900.
What are key features of this property?
This property features: Park model home with covered deck and parking area; Washer and dryer located in the shed; Mini‑split A/C‑heat pump and dishwasher
