Manufactured Home in Mobile
For Sale
$460,000
Pending
250-6130 Monterey Hwy, San Jose, CA 95110
Move-in-ready 2010 manufactured home with three bedrooms, two full baths, central air, and newer appliances in a mobile home park.
Property Size1,586 SF
Days on Market37
Property Features for 250-6130 Monterey Hwy
General Information
Standard status
Pending
Size
1,586 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Amenities
central air conditioning
Building Details
Year Built
2010
Buildings
1
Tenancy
Single
Listing Agency:
Alliance Manufactured Homes Inc
(408) 822-0055
Listed By:
Juan Castrillon Gallego
(408) 822-0055
Source:
Exprealty
Added: Jul 8
Changed: Aug 9
Last Checked: Aug 12 at 10:56AM
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 Alliance Manufactured Homes Inc
Investment Insights
Based on property information with market context.
This move-in-ready 2010 manufactured home is located in the Monterey Oaks Mobile Home Park and offers an open-concept layout with three bedrooms and two full bathrooms. The kitchen features newer appliances, abundant cabinetry, and ample counter space. Central air conditioning provides year-round comfort, and the home is described as being well maintained throughout.
The property includes generous outdoor space for relaxing, gardening, or hosting. The community is situated in South San Jose with quick access to Highways 101, 87, and 85.
For sale as part of the mobile home park setting, this residence is positioned as an affordable option for Bay Area living with modern amenities and a bright, functional interior plan.
The property includes generous outdoor space for relaxing, gardening, or hosting. The community is situated in South San Jose with quick access to Highways 101, 87, and 85.
For sale as part of the mobile home park setting, this residence is positioned as an affordable option for Bay Area living with modern amenities and a bright, functional interior plan.
Key Highlights
- 2010 manufactured home in Monterey Oaks Mobile Home Park with over 1,500 sq. ft. of open‑concept living space
- 3 bedrooms and 2 full bathrooms
- Central air conditioning
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
$32,989
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
7.17%
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%
$659,780
$659.8K
Cap Rate 7%
$471,271
$471.3K
Cap Rate 9%
$366,544
$366.5K
Market Conditions
NOI Build-Up for 1,586 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
$62.8K $39.60/SF
− Vacancy
−$2.8K −$1.78/SF
EGI
$60.0K $37.82/SF
− OpEx
−$27.0K −$17.02/SF
NOI
$33.0K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /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%
$659,780
Cap Rate 7%
$471,271
Cap Rate 9%
$366,544
Alternative Uses
Best Use
Apartment 5plus
$471.3K
$412.4K – $549.8K
NOI $32,989 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$957.8K
$838.1K – $1.12M
NOI $67,048 @ 7.0% cap · market cap 14.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Explore this area
Business Placement
Demographics for 95110, CA
20,495
Population
7,568
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
4,455
Density / Sq Mi
$132,800
Median Household Income
$60,241
Median Earnings
$2,629
Median Rent
$947,900
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 - Move-in-ready 2010 manufactured home with three bedrooms, two full baths, central air, and newer appliances in a mobile home park.
Where is this mobile home & rv park located?
The property is located at 250-6130 Monterey Hwy San Jose, CA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2010 manufactured home in Monterey Oaks Mobile Home Park with over 1,500 sq. ft. of open‑concept living space; 3 bedrooms and 2 full bathrooms; Central air conditioning
