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Residential Income Property
For Sale
$299,999

156 Westgate Circle, Santa Rosa, CA 95401

For sale in Sonoma County, accessed via Occidental Rd, Brittain Ln, Palace Way, and Westgate Cir.

Property Size1,392 SF
Price / SF$215.52
Days on Market130

Property Features for 156 Westgate Circle

General Information

Standard status Active
Size 1,392 SF
Total Parking Spaces 2
Property subtype Manufactured In Park

Amenities

Clubhouse, Pool
Central Air
Central
Covered, On Street, Guest

Building Details

Year Built 1974
Listed By: Jaime Gutierrez
Source: Evrealestate
Added: Jun 15 Changed: Oct 19 Last Checked: Oct 20 at 8:25PM

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 Jaime Gutierrez

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Investment Insights

Based on property information with market context.

Offered for sale, this residential income property is located at 156 Westgate Circle in Santa Rosa, within Sonoma County.

Access is provided via Occidental Rd to Brittain Ln, then to Palace Way, with a left turn onto Westgate Cir.

The property is listed under residential income categories and may also be associated with mobile home and RV park use. Additional details on unit mix, configuration, and condition are not provided in the available information.

Key Highlights

  • Central heating and central air conditioning
  • On‑site parking includes covered parking plus on‑street and guest parking
  • Built in 1974

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,314
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,280 $486.3K
Cap Rate 7%
$347,343 $347.3K
Cap Rate 9%
$270,156 $270.2K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$46.4K $33.36/SF
− Vacancy
−$2.2K −$1.60/SF
EGI
$44.2K $31.76/SF
− OpEx
−$19.9K −$14.29/SF
NOI
$24.3K $17.47/SF
Area
Santa Rosa, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,280
Cap Rate 7%
$347,343
Cap Rate 9%
$270,156

Alternative Uses

Best Use
Apartment 5plus
$347.3K
$303.9K – $405.2K (±1% cap)
NOI $24,314 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$386.7K
$338.4K – $451.2K (±1% cap)
NOI $27,072 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby

Demographics for 95401, CA

37,272
Population
14,281
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
80%
High-School Grad
20.9 sq mi
ZIP Area
1,783
Density / Sq Mi
$93,513
Median Household Income
$45,630
Median Earnings
$1,978
Median Rent
$628,900
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 - For sale in Sonoma County, accessed via Occidental Rd, Brittain Ln, Palace Way, and Westgate Cir.
Where is this mobile home & rv park located?
The property is located at 156 Westgate Circle Santa Rosa, CA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Central heating and central air conditioning; On‑site parking includes covered parking plus on‑street and guest parking; Built in 1974
More about this property
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