55+ RV Resort Lot with
For Sale
$184,900
193-69801 Ramon Rd, Cathedral City, CA 92234
Grant deed lot at a 55+ Desert Shadows RV Resort, with water, cable, trash, and common area in the HOA.
Property Size400 SF
Price / SF$462.25
Days on Market179
Property Features for 193-69801 Ramon Rd
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Additional Details
Utilities to Site
Yes
Amenities
fully furnished
stacked washer and dryer
large two section loft
Spacious Shed
Extra large yard with fruit trees
clubhouses
indoor pool
spa
sauna
lap pool
tennis courts
pickle-ball courts
shuffleboard pavilion
San Jacinto room
party room
party terrace
fitness center
dance studio
library
billiards room
horseshoe pits
laundry facilities
restrooms
card rooms
pottery kiln
putting green
fitness activities
daily activities
Wi-Fi
broadband internet
Listing Agency:
Landsmith Residential RE Serv
(855) 966-4663
Listed By:
Darren Smith · License #01418976
(949) 466-1655
Source:
Exprealty
Added: Mar 26
Changed: Sep 7
Last Checked: Sep 19 at 10:21AM
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 Landsmith Residential RE Serv
Investment Insights
Based on property information with market context.
Own-land living at Desert Shadows RV Resort (55+). This grant deed lot includes water, cable, trash, and common area within the HOA. The unit is fully furnished and well appointed, with a spacious kitchen and cozy living room. A stacked washer and dryer are included, and the layout features a large two-section loft that can function as storage, an extra bedroom, or an office area. There is also a spacious shed and an extra-large yard with fruit trees.
The resort offers extensive on-site amenities, including two large, well-maintained clubhouses plus three additional satellite clubhouses. Recreation includes an indoor pool with large spa and sauna, an Olympic-length (unofficial width) lap pool, and a total of six pools, five spas, and three saunas. Sports facilities include sunken, lighted tennis courts and eight pickle-ball courts, along with an indoor shuffleboard pavilion. Community spaces include a 16,000-square-foot San Jacinto room with a floating hardwood dance floor and professional stage, and a 3,000-square-foot “Our Gang” party room and lounge. Additional features include a fully equipped fitness center, library, billiards room, dance studio, and a huge party terrace with mountain views.
Address: 193-69801 Ramon Rd, Cathedral City, CA.
The resort offers extensive on-site amenities, including two large, well-maintained clubhouses plus three additional satellite clubhouses. Recreation includes an indoor pool with large spa and sauna, an Olympic-length (unofficial width) lap pool, and a total of six pools, five spas, and three saunas. Sports facilities include sunken, lighted tennis courts and eight pickle-ball courts, along with an indoor shuffleboard pavilion. Community spaces include a 16,000-square-foot San Jacinto room with a floating hardwood dance floor and professional stage, and a 3,000-square-foot “Our Gang” party room and lounge. Additional features include a fully equipped fitness center, library, billiards room, dance studio, and a huge party terrace with mountain views.
Address: 193-69801 Ramon Rd, Cathedral City, CA.
Key Highlights
- 55+ Desert Shadows RV Resort grant deed lot with water, cable, trash, and common area in HOA
- Fully furnished unit with stacked washer and dryer
- Large two‑section loft for storage, extra bedroom, or office
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
$6,475
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
3.50%
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%
$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
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
$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 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%
$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 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 92234, CA
51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
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 - Grant deed lot at a 55+ Desert Shadows RV Resort, with water, cable, trash, and common area in the HOA.
Where is this mobile home & rv park located?
The property is located at 193-69801 Ramon Rd Cathedral City, CA.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 55+ Desert Shadows RV Resort grant deed lot with water, cable, trash, and common area in HOA; Fully furnished unit with stacked washer and dryer; Large two‑section loft for storage, extra bedroom, or office
