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356 Saguaro Drive, Palm Springs, CA, 92264
Mobile Home Park Property

356 Saguaro Drive Palm Springs, CA 92264

For Sale
$350,000

For sale mobile home park property with on-site roadway access from the main gate entrance.

Property Size1,539 SF
Price / SF$227.42
Days on Market136

Property Features for 356 Saguaro Drive

General Information

Standard status
Active
Size
1,539 SF
Property subtype
Manufactured In Park

Building Details

Year Built
2005
Listing Agency: Berkshire Hathaway Home Services California Properties
Listed By: Victor Minetti · License #01382621
Source: Evrealestate
Added: Mar 11 Changed: Jul 22 Last Checked: Jul 23 at 5:09AM

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 Berkshire Hathaway Home Services California Properties


Investment Insights

Based on property information with market context.

This for-sale mobile home park property is accessed through a main gate entrance on E Palm Canyon Dr. From the gate, directions call for turning left at the clubhouse and continuing along Club Circle Dr past RV parking on the left.

The route continues with a left turn onto Juniper to the end of the street, then a right turn on Encino to the end of the street, followed by a left and a quick left onto Saguaro, where the home is on the right.

Key Highlights

  • Home with central air and central heating
  • Appliances include dishwasher, disposal, microwave, refrigerator, washer and dryer
  • Walk‑in closet(s)

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 $46.2k $30.00
− Vacancy −$877 −$0.57
EGI $45.3k $29.43
− OpEx −$20.4k −$13.24
NOI $24.9k $16.19
1,539 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$355.9K
$311.4K – $415.2K (±1% cap)
NOI $24,911 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.1K
$403.4K – $537.9K (±1% cap)
NOI $32,274 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Law Firm Dental Office HVAC Service (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - For sale mobile home park property with on-site roadway access from the main gate entrance.
Where is this mobile home & rv park located?
The property is located at 356 Saguaro Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Home with central air and central heating; Appliances include dishwasher, disposal, microwave, refrigerator, washer and dryer; Walk‑in closet(s)
More about this property
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