Mobile Home Park Unit for
311 Lake Mendocino Drive #14 Ukiah, CA 95482
311 Lake Mendocino Drive #14, Ukiah, CA, 95482
$74,999
For Sale
$74,999
Small mobile home and RV park unit offered for sale in Mendocino County.
Property Size720 SF
Price / SF$104.17
Days on Market36
Property Features for 311 Lake Mendocino Drive #14
General Information
- Standard status
- Active
- Size
- 720 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1973
Listing Agency
(707) 272-5523
Listed by
Caren J. Quintero
(707) 272-5523
Source
Evrealestate
Added: Jun 12 Checked: Jul 17 at 3:09 am
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 Caren J. Quintero
Investment Insights
Based on property information with market context.
This offering is a small mobile home and RV park unit for sale at 311 Lake Mendocino Drive, identified as Unit #14. It is also marketed under multifamily and residential income property types, making it relevant for buyers who prefer small-scale housing or park-style ownership.
Directions indicate the property is reached by taking off-ramp access from Highway 101, turning left onto N State Street, then turning right on Lake Mendocino. The listing is located in Mendocino County, CA.
For buyers, this unit can fit a range of residential income strategies where ownership centers on a mobile home or park unit rather than traditional single-family structure. For operators, it may be considered as part of a broader approach to owning and managing small residential assets within a mobile home and RV park environment. Interested parties should review the unit specifics and any applicable park rules directly as part of their due diligence, since the listing information provided is limited to property type and directions.
Directions indicate the property is reached by taking off-ramp access from Highway 101, turning left onto N State Street, then turning right on Lake Mendocino. The listing is located in Mendocino County, CA.
For buyers, this unit can fit a range of residential income strategies where ownership centers on a mobile home or park unit rather than traditional single-family structure. For operators, it may be considered as part of a broader approach to owning and managing small residential assets within a mobile home and RV park environment. Interested parties should review the unit specifics and any applicable park rules directly as part of their due diligence, since the listing information provided is limited to property type and directions.
Key Highlights
- Ductless cooling and electric heating
- Assigned parking included
- Year built: 1973
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 | $11.7k | $16.20 |
| − Vacancy | −$525 | −$0.73 |
| EGI | $11.1k | $15.47 |
| − OpEx | −$5.0k | −$6.96 |
| NOI | $6.1k | $8.51 |
720 SF · lease $16.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$87.5K
$76.6K – $102.1K
NOI $6,127 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$269.2K
$235.5K – $314.1K
NOI $18,843 @ 7.0% cap · market cap 25.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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 - Small mobile home and RV park unit offered for sale in Mendocino County.
Where is this mobile home & rv park located?
The property is located at 311 Lake Mendocino Drive #14 Ukiah, CA.
What is the asking price?
The asking price for this property is $74,999.
What are key features of this property?
This property features: Ductless cooling and electric heating; Assigned parking included; Year built: 1973
