Updated 2BR Mobile Home in 55+
203-5505 S Grove St Rocklin, CA 95677
203-5505 S Grove St, Rocklin, CA, 95677
$209,000
For Sale
$209,000
Move-in ready 2-bedroom, 2-bath home with an open layout, vaulted ceilings, and side-by-side covered parking.
Property Size1,248 SF
Price / SF$167.47
Days on Market62
Property Features for 203-5505 S Grove St
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Manufactured In Park
Listing agency
Windermere Signature Properties Roseville/Granite Bay
7099994
Listed by
Rodney P. Plam
7099994
Source
Exprealty
Added: May 21 Updated: Jul 21 at 8:00AM Checked: Jul 21 at 8:00AM
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 Windermere Signature Properties Roseville/Granite Bay
Investment Insights
Based on property information with market context.
Located in Rocklin Estates Mobile Home Park, a quiet 55+ community, this move-in ready 2-bedroom, 2-bath home is updated throughout. The open floorplan includes tall vaulted ceilings and abundant natural light, with a large updated kitchen offering ample storage and counter space. The living and dining areas flow together, and the home also features a private covered patio and a low-maintenance yard.
A practical convenience for daily use is the side-by-side covered parking, along with easy access to guest parking. Outside, the community setting includes mature trees and walking paths.
Rocklin Estates offers on-site amenities including a pool, clubhouse, RV storage, and organized activities. The property is described as being minutes from shopping, dining, golf, healthcare, and Folsom Lake, supporting everyday convenience while remaining in a residential environment.
A practical convenience for daily use is the side-by-side covered parking, along with easy access to guest parking. Outside, the community setting includes mature trees and walking paths.
Rocklin Estates offers on-site amenities including a pool, clubhouse, RV storage, and organized activities. The property is described as being minutes from shopping, dining, golf, healthcare, and Folsom Lake, supporting everyday convenience while remaining in a residential environment.
Key Highlights
- Updated 2‑bedroom, 2‑bath home with an open floorplan, tall vaulted ceilings, and abundant natural light
- Large updated kitchen with ample storage and counter space
- Generous living and dining area with an open layout for everyday living and entertaining
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.0k | $29.64 |
| − Vacancy | −$2.0k | −$1.63 |
| EGI | $35.0k | $28.01 |
| − OpEx | −$15.7k | −$12.60 |
| NOI | $19.2k | $15.41 |
1,248 SF · lease $29.64/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$274.7K
$240.3K – $320.4K
NOI $19,226 @ 7.0% cap · market cap 9.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.1K
$422.8K – $563.7K
NOI $33,820 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready 2-bedroom, 2-bath home with an open layout, vaulted ceilings, and side-by-side covered parking.
Where is this mobile home & rv park located?
The property is located at 203-5505 S Grove St Rocklin, CA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Updated 2‑bedroom, 2‑bath home with an open floorplan, tall vaulted ceilings, and abundant natural light; Large updated kitchen with ample storage and counter space; Generous living and dining area with an open layout for everyday living and entertaining
