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55+ Manufactured Home
For Sale
$319,900

2-4603 Balfour Rd, Brentwood, CA

3-bedroom, 2-bath manufactured home with a laundry room, washer/dryer hookups, and a generously sized backyard.

Property Size1,353 SF
Price / SF$236.44
Days on Market131

Property Features for 2-4603 Balfour Rd

General Information

Standard status Active
Size 1,353 SF
Property subtype Manufactured In Park
Listing Agency: Advantage Homes
Listed By: Todd Su · License #01355922
Source: Exprealty
Added: Jun 19 Changed: Oct 27 Last Checked: Oct 26 at 8:50PM

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 Advantage Homes

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Woodgate is a 55+ age-restricted community offering a comfortable, community-oriented living environment. This manufactured home features three bedrooms and two bathrooms, with a living and dining area for everyday use and entertaining. The kitchen includes a convenient island for additional workspace and seating. A dedicated laundry room with washer and dryer hookups adds practical convenience.

The primary bedroom includes a private bathroom, while the two additional bedrooms provide flexibility for guests, hobbies, or a home office. Outside, the home offers a generously sized backyard suited for outdoor dining, family gatherings, and relaxing.

The information provided is based on data received from the seller and/or public sources and is deemed reliable but not independently verified. Prospective buyers are encouraged to verify details to their own satisfaction prior to purchase.

Key Highlights

  • 3‑bedroom, 2‑bath manufactured home with a dedicated primary bedroom and en‑suite bathroom
  • Kitchen includes an island with additional workspace and seating
  • Laundry room with washer/dryer hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,508
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,160 $430.2K
Cap Rate 7%
$307,257 $307.3K
Cap Rate 9%
$238,978 $239.0K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$41.1K $30.36/SF
− Vacancy
−$2.0K −$1.46/SF
EGI
$39.1K $28.90/SF
− OpEx
−$17.6K −$13.01/SF
NOI
$21.5K $15.90/SF
Area
Contra Costa County, CA
Vacancy
4.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,160
Cap Rate 7%
$307,257
Cap Rate 9%
$238,978

Alternative Uses

Best Use
Apartment 5plus
$307.3K
$268.9K – $358.5K (±1% cap)
NOI $21,508 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.4K
$447.5K – $596.7K (±1% cap)
NOI $35,800 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby

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 - 3-bedroom, 2-bath manufactured home with a laundry room, washer/dryer hookups, and a generously sized backyard.
Where is this mobile home & rv park located?
The property is located at 2-4603 Balfour Rd Brentwood, CA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath manufactured home with a dedicated primary bedroom and en‑suite bathroom; Kitchen includes an island with additional workspace and seating; Laundry room with washer/dryer hookups
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Includes: Price & PSF · Cap rate · Location · Zoning

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