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All-Ages Mobile Home Park
For Sale
$219,000

1436 Playground Way, Modesto, CA 95355

New 2026 residence with three bedrooms, two full baths, and a stainless steel appliance package.

Property Size1,325 SF
Price / SF$165.28
Days on Market58
Rey
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Property Features for 1436 Playground Way

General Information

Standard status Active
Size 1,325 SF
Property subtype Manufactured In Park

Additional Details

Multifamily Units 1

Amenities

gated pool
playground
basketball court
club house
Listing Agency: HomeSmart PV & Associates
Listed By: Daniel R. Maez
Source: Exprealty
Added: Aug 19 Changed: Oct 4 Last Checked: Oct 15 at 1:08AM

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

Investment Insights

Based on property information with market context.

Dry Creek Mobile Estates includes a new 2026 home that has not been occupied and comes with transferable builder warranties. The residence features an open layout with three bedrooms and two full baths, along with stainless steel kitchen appliances, solid-surface countertops, an island, and laminate flooring. Low-maintenance yards complement the home.

Park amenities include a gated pool, playground, basketball court, and clubhouse. The community is designated for all ages and operates as an owners-only park. Schools, shopping, and commuter routes are located nearby. Interior images are stock photography, and finishes such as paint color may vary among homes.

Key Highlights

  • New 2026 home has never been occupied
  • Transferable builder warranties included
  • Three bedrooms and two full baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,630
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,600 $352.6K
Cap Rate 7%
$251,857 $251.9K
Cap Rate 9%
$195,889 $195.9K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$33.4K $25.20/SF
− Vacancy
−$1.3K −$1.01/SF
EGI
$32.1K $24.19/SF
− OpEx
−$14.4K −$10.89/SF
NOI
$17.6K $13.31/SF
Area
Modesto, CA
Vacancy
4.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,600
Cap Rate 7%
$251,857
Cap Rate 9%
$195,889

Alternative Uses

Best Use
Apartment 5plus
$251.9K
$220.4K – $293.8K (±1% cap)
NOI $17,630 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.2K
$389.6K – $519.4K (±1% cap)
NOI $31,164 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 95355, CA

62,337
Population
22,136
Households
2.8
Avg Household Size
38
Median Age
24%
College-Educated
90%
High-School Grad
9.3 sq mi
ZIP Area
6,703
Density / Sq Mi
$83,460
Median Household Income
$46,482
Median Earnings
$1,719
Median Rent
$447,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - New 2026 residence with three bedrooms, two full baths, and a stainless steel appliance package.
Where is this mobile home & rv park located?
The property is located at 1436 Playground Way Modesto, CA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: New 2026 home has never been occupied; Transferable builder warranties included; Three bedrooms and two full baths
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