Mobile Home & RV
For Sale
$259,000
Pending
32 Springhill Court, Santa Rosa, CA 95409
For sale residential income property on Springhill Court in Sonoma County.
Property Size1,176 SF
Days on Market114
Property Features for 32 Springhill Court
General Information
Standard status
Pending
Size
1,176 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central Air
Central
Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
Kitchen Island, Pantry
Covered, Guest
Building Details
Year Built
2018
Listing Agency:
W REAL ESTATE
Listed By:
Cory Cadle
(707) 303-5938
Source:
Evrealestate
Added: Jun 30
Changed: Oct 17
Last Checked: Oct 20 at 9:13PM
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 W REAL ESTATE
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Investment Insights
Based on property information with market context.
This for-sale mobile home & RV park is listed as a residential income property and multifamily offering. The property is located at 32 Springhill Court, Santa Rosa, CA 95409, in Sonoma County.
The available public direction notes that you should enter the park and make a left, then a right onto Springhill Ct to reach the property. No additional building or site details were provided in the listing information.
The available public direction notes that you should enter the park and make a left, then a right onto Springhill Ct to reach the property. No additional building or site details were provided in the listing information.
Key Highlights
- Residential income property on Springhill Ct in Sonoma County
- Built in 2018
- Central air and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,542
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,840
$410.8K
Cap Rate 7%
$293,457
$293.5K
Cap Rate 9%
$228,244
$228.2K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$39.2K $33.36/SF
− Vacancy
−$1.9K −$1.60/SF
EGI
$37.3K $31.76/SF
− OpEx
−$16.8K −$14.29/SF
NOI
$20.5K $17.47/SF
Area
Santa Rosa, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,840
Cap Rate 7%
$293,457
Cap Rate 9%
$228,244
Alternative Uses
Best Use
Apartment 5plus
$293.5K
$256.8K – $342.4K
NOI $20,542 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$326.7K
$285.9K – $381.2K
NOI $22,871 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 95409, CA
27,741
Population
12,499
Households
2.2
Avg Household Size
53
Median Age
50%
College-Educated
95%
High-School Grad
35.0 sq mi
ZIP Area
793
Density / Sq Mi
$105,736
Median Household Income
$59,003
Median Earnings
$2,346
Median Rent
$807,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - For sale residential income property on Springhill Court in Sonoma County.
Where is this mobile home & rv park located?
The property is located at 32 Springhill Court Santa Rosa, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Residential income property on Springhill Ct in Sonoma County; Built in 2018; Central air and central heating
