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Mobile Home in Mobile Home Park
For Sale
$132,000

2 Rancho Grande Cir, Atwater, CA 95301

Move-in-ready split floor plan with central heating and air, dual-pane windows, indoor laundry, and a covered carport.

Property Size864 SF
Price / SF$152.78
Days on Market178

Property Features for 2 Rancho Grande Cir

General Information

Standard status Active
Size 864 SF
Property subtype Manufactured In Park

Amenities

pool
clubhouse
dog park
covered carport
storage shed
Listing Agency: eXp Realty of California Inc.
Listed By: Kristine V. Williams · License #01424911
Source: Exprealty
Added: Apr 27 Changed: Oct 15 Last Checked: Oct 21 at 12:49AM

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 eXp Realty of California Inc.

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Investment Insights

Based on property information with market context.

Move-in-ready mobile home featuring a split floor plan designed to provide privacy between bedrooms, paired with a bright, open living area. The kitchen includes quartz countertops, a breakfast bar, and ample storage. The primary suite offers a private bathroom and additional cabinetry, while the second bedroom can flex to suit guests, a home office, or other uses. Practical highlights include an indoor laundry room, central heating and air, and energy-efficient dual-pane windows. Interior finishes include modern lighting, laminate flooring, and smooth bullnose corners.

Outside, enjoy a private backyard along with a covered carport and a storage shed. The home is located in Rancho Grande Mobile Home Park, which offers residents access to a pool, clubhouse, and dog park.

The layout supports comfortable day-to-day living with dedicated laundry space, temperature control via central heating and air, and a straightforward indoor-outdoor setup for relaxing at home.

Key Highlights

  • Move‑in‑ready split floor plan with privacy between bedrooms
  • Kitchen with quartz countertops, breakfast bar, and plenty of storage
  • Primary suite includes a private bathroom and added cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,510
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,200 $210.2K
Cap Rate 7%
$150,143 $150.1K
Cap Rate 9%
$116,778 $116.8K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$20.1K $23.28/SF
− Vacancy
−$1.0K −$1.16/SF
EGI
$19.1K $22.12/SF
− OpEx
−$8.6K −$9.95/SF
NOI
$10.5K $12.16/SF
Area
Merced County, CA
Vacancy
5.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,200
Cap Rate 7%
$150,143
Cap Rate 9%
$116,778

Alternative Uses

Best Use
Apartment 5plus
$150.1K
$131.4K – $175.2K (±1% cap)
NOI $10,510 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$190.6K
$166.8K – $222.4K (±1% cap)
NOI $13,344 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

Demographics for 95301, CA

40,886
Population
13,250
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
74%
High-School Grad
76.1 sq mi
ZIP Area
537
Density / Sq Mi
$66,669
Median Household Income
$40,101
Median Earnings
$1,215
Median Rent
$367,800
Median Home Value

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 - Move-in-ready split floor plan with central heating and air, dual-pane windows, indoor laundry, and a covered carport.
Where is this mobile home & rv park located?
The property is located at 2 Rancho Grande Cir Atwater, CA.
What is the asking price?
The asking price for this property is $132,000.
What are key features of this property?
This property features: Move‑in‑ready split floor plan with privacy between bedrooms; Kitchen with quartz countertops, breakfast bar, and plenty of storage; Primary suite includes a private bathroom and added cabinetry
More about this property
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