All-Ages Mobile Home & RV
For Sale
$135,000
351 East Bradley Avenue, El Cajon, CA 92021
Community amenities include a clubhouse, swimming pool, and playground areas serving an all-ages resident population.
Property Size840 SF
Price / SF$160.71
Days on Market135
Property Features for 351 East Bradley Avenue
General Information
Standard status
Active
Size
840 SF
Total Parking Spaces
2
Property subtype
Mobile Home / Mobile Home on Land
Additional Details
Multifamily Units
1
Amenities
clubhouse
large swimming pool
playgrounds
Building Details
Year Built
1968
Buildings
1
Construction
mobile home
Listing Agency:
Coldwell Banker Realty
(619) 309-3043
Listed By:
Raymond Martinez · License #01986380
(619) 309-3043
Source:
Compass
Added: Apr 20
Changed: Aug 31
Last Checked: Aug 31 at 10:24PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This all-ages mobile home and RV park includes approximately 162 spaces and offers shared amenities for residents. On-site features include a clubhouse, a large swimming pool, and playground areas designed for children.
The property is located at 351 East Bradley Avenue in El Cajon, California, near schools and local amenities. The source information also describes an approximately 840-square-foot, 20-by-42-foot mobile home with an open kitchen and dining area. Year-built information is not included because the record contains conflicting dates.
The property is located at 351 East Bradley Avenue in El Cajon, California, near schools and local amenities. The source information also describes an approximately 840-square-foot, 20-by-42-foot mobile home with an open kitchen and dining area. Year-built information is not included because the record contains conflicting dates.
Key Highlights
- Approximately 162 spaces in an all‑ages mobile home and RV park
- Clubhouse available for resident use
- Large swimming pool on the property
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
$7,805
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
5.78%
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%
$156,100
$156.1K
Cap Rate 7%
$111,500
$111.5K
Cap Rate 9%
$86,722
$86.7K
Market Conditions
NOI Build-Up for 840 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
$15.1K $18.00/SF
− Vacancy
−$928 −$1.11/SF
EGI
$14.2K $16.89/SF
− OpEx
−$6.4K −$7.60/SF
NOI
$7.8K $9.29/SF
Area
El Cajon, CA
Vacancy
6.14%
Lease Rate
$18.00 /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%
$156,100
Cap Rate 7%
$111,500
Cap Rate 9%
$86,722
Alternative Uses
Best Use
Apartment 5plus
$111.5K
$97.6K – $130.1K
NOI $7,805 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$208.7K
$182.6K – $243.5K
NOI $14,609 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
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 - Community amenities include a clubhouse, swimming pool, and playground areas serving an all-ages resident population.
Where is this mobile home & rv park located?
The property is located at 351 East Bradley Avenue El Cajon, CA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Approximately 162 spaces in an all‑ages mobile home and RV park; Clubhouse available for resident use; Large swimming pool on the property
