3BR/2BA Mobile Home in
For Sale
$82,750
Pending
161-15252 Seneca Rd, Victorville, CA 92392
Updated 3-bedroom, 2-bath mobile home in an all-ages Gold West MHC community with park amenities.
Property Size720 SF
Days on Market132
Property Features for 161-15252 Seneca Rd
General Information
Standard status
Pending
Size
720 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Listing Agency:
First Team Real Estate-HighDes
(760) 614-1174
Listed By:
Grace Tonning
(760) 614-1174
Source:
Exprealty
Added: Apr 21
Changed: Aug 8
Last Checked: Jul 31 at 6:39PM
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 First Team Real Estate-HighDes
Investment Insights
Based on property information with market context.
This updated 3-bedroom, 2-bath mobile home is described as move-in ready, with recent updates intended to provide a fresh interior feel and a functional layout. The property is located within Gold West MHC, an all-ages community.
The park offers paid security and multiple amenities, including two pools, a spa, tennis courts, basketball courts, a gym, and a large clubhouse and event room. Public remarks also note proximity to the freeway, shopping centers, and schools.
For purchase, all buyers must be park-approved prior to purchasing the home, and the buyer is directed to verify all information provided.
The park offers paid security and multiple amenities, including two pools, a spa, tennis courts, basketball courts, a gym, and a large clubhouse and event room. Public remarks also note proximity to the freeway, shopping centers, and schools.
For purchase, all buyers must be park-approved prior to purchasing the home, and the buyer is directed to verify all information provided.
Key Highlights
- Updated 3‑bedroom, 2‑bath mobile home in the all‑ages Gold West MHC community
- Move‑in ready home with recent updates and a bright interior with natural light
- Gold West MHC community amenities include paid security, two pools, spa, tennis courts, and basketball courts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$145,360
$145.4K
Cap Rate 7%
$103,829
$103.8K
Cap Rate 9%
$80,756
$80.8K
Market Conditions
NOI Build-Up for 720 SF
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.
Gross rent
$13.9K $19.32/SF
− Vacancy
−$696 −$0.97/SF
EGI
$13.2K $18.35/SF
− OpEx
−$5.9K −$8.26/SF
NOI
$7.3K $10.09/SF
Area
Victorville, CA
Vacancy
5.00%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$145,360
Cap Rate 7%
$103,829
Cap Rate 9%
$80,756
Alternative Uses
Best Use
Apartment 5plus
$103.8K
$90.9K – $121.1K
NOI $7,268 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$152.5K
$133.5K – $178.0K
NOI $10,677 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 92392, CA
62,294
Population
18,077
Households
3.4
Avg Household Size
32
Median Age
13%
College-Educated
79%
High-School Grad
37.3 sq mi
ZIP Area
1,670
Density / Sq Mi
$81,652
Median Household Income
$36,726
Median Earnings
$1,790
Median Rent
$365,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Updated 3-bedroom, 2-bath mobile home in an all-ages Gold West MHC community with park amenities.
Where is this mobile home & rv park located?
The property is located at 161-15252 Seneca Rd Victorville, CA.
What is the asking price?
The asking price for this property is $82,750.
What are key features of this property?
This property features: Updated 3‑bedroom, 2‑bath mobile home in the all‑ages Gold West MHC community; Move‑in ready home with recent updates and a bright interior with natural light; Gold West MHC community amenities include paid security, two pools, spa, tennis courts, and basketball courts
