Manufactured Home in 55+
For Sale
$299,999
2167 Cardinal Ave, Oxnard, CA 93033
Newer manufactured home built in 2016 in the Sunny Acres 55+ community in Oxnard.
Property Size1,368 SF
Price / SF$219.30
Days on Market115
Property Features for 2167 Cardinal Ave
General Information
Standard status
Active
Size
1,368 SF
Property subtype
Manufactured In Park
Listing Agency:
RE/MAX ONE
(805) 501-8275
Listed By:
Deserie Boutell · License #01433473
(805) 501-8275
Source:
Exprealty
Added: May 1
Changed: Aug 20
Last Checked: Aug 23 at 4:11AM
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 RE/MAX ONE
Investment Insights
Based on property information with market context.
Situated in the Sunny Acres 55+ community in Oxnard, this newer construction manufactured home was built in 2016 and offers 1,368 SF of comfortable living space. Inside, you’ll find high ceilings and an open feel with expansive living areas. The kitchen includes a center island, walk-in pantry, and abundant storage.
The home’s layout includes a spacious primary suite with a spa-inspired bathroom, plus a secondary bedroom that is nearly equal in size and can serve as a second primary or guest suite. There are two full bathrooms total, along with a separate laundry room that includes a washer, dryer, refrigerator, and extra storage.
Sunny Acres provides a quiet, well-kept setting, and the Oxnard coastline is approximately 6 miles away.
The home’s layout includes a spacious primary suite with a spa-inspired bathroom, plus a secondary bedroom that is nearly equal in size and can serve as a second primary or guest suite. There are two full bathrooms total, along with a separate laundry room that includes a washer, dryer, refrigerator, and extra storage.
Sunny Acres provides a quiet, well-kept setting, and the Oxnard coastline is approximately 6 miles away.
Key Highlights
- Manufactured home built in 2016 in Sunny Acres 55+ community
- 1,368 SF of interior living space
- Kitchen features a center island and walk‑in pantry
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
$21,941
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
7.31%
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%
$438,820
$438.8K
Cap Rate 7%
$313,443
$313.4K
Cap Rate 9%
$243,789
$243.8K
Market Conditions
NOI Build-Up for 1,368 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
$41.9K $30.60/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$39.9K $29.16/SF
− OpEx
−$18.0K −$13.12/SF
NOI
$21.9K $16.04/SF
Area
Oxnard, CA
Vacancy
4.70%
Lease Rate
$30.60 /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%
$438,820
Cap Rate 7%
$313,443
Cap Rate 9%
$243,789
Alternative Uses
Best Use
Apartment 5plus
$313.4K
$274.3K – $365.7K
NOI $21,941 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.5K
$390.7K – $520.9K
NOI $31,253 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
Demographics for 93033, CA
79,539
Population
17,523
Households
4.5
Avg Household Size
32
Median Age
11%
College-Educated
57%
High-School Grad
32.2 sq mi
ZIP Area
2,470
Density / Sq Mi
$85,848
Median Household Income
$32,675
Median Earnings
$1,810
Median Rent
$549,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Newer manufactured home built in 2016 in the Sunny Acres 55+ community in Oxnard.
Where is this mobile home & rv park located?
The property is located at 2167 Cardinal Ave Oxnard, CA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Manufactured home built in 2016 in Sunny Acres 55+ community; 1,368 SF of interior living space; Kitchen features a center island and walk‑in pantry
