Mobile Home & RV
32 Springhill Court Santa Rosa, CA 95409
32 Springhill Court, Santa Rosa, CA, 95409
$299,000
For Sale
$299,000
For sale residential income property on Springhill Court in Sonoma County.
Property Size1,176 SF
Price / SF$254.25
Days on Market23
Property Features for 32 Springhill Court
General Information
- Standard status
- Active
- Size
- 1,176 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 2018
Listing agency
(707) 303-5938
Listed by
Cory Cadle
(707) 303-5938
Source
Evrealestate
Added: Jun 30 Updated: Jul 21 at 11:19PM Checked: Jul 21 at 11:19PM
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 Cory Cadle
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
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 | $39.2k | $33.36 |
| − Vacancy | −$1.9k | −$1.60 |
| EGI | $37.3k | $31.76 |
| − OpEx | −$16.8k | −$14.29 |
| NOI | $20.5k | $17.47 |
1,176 SF · lease $33.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$293.5K
$256.8K – $342.4K
NOI $20,542 @ 7.0% cap · market cap 6.87%
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 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
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 $299,000.
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
