Manufactured Home in Mobile Home
For Sale
$299,000
37 Terrace Dr, Concord, CA 94518
Open-concept residence with a primary suite, indoor laundry, accessible lift, and two-car covered parking.
Property Size1,344 SF
Price / SF$222.47
Days on Market48
Property Features for 37 Terrace Dr
General Information
Standard status
Active
Size
1,344 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Site & Location
Neighborhood
San Miguel
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
indoor laundry room
wheelchair-accessible lift
Building Details
Year Built
2010
Buildings
1
Construction
manufactured
Listing Agency:
Rise Group Real Estate
(925) 252-5193
Listed By:
James Quintero · License #01973865
(510) 507-1293
Source:
Tfregroup
Added: Sep 18
Changed: Oct 31
Last Checked: Nov 4 at 1:34PM
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 Rise Group Real Estate
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Investment Insights
Based on property information with market context.
Located at 37 Terrace Dr., this 2010 manufactured home offers 1,344 square feet with three bedrooms and two bathrooms. The interior centers on an open living and kitchen area with recessed lighting, generous cabinetry, counter space, a peninsula with breakfast seating, built-in microwave, and a breakfast nook. A separate dining room provides additional flexibility for office, recreation, or living use. The primary suite includes a private bath with dual vanities and a walk-in closet, while an indoor laundry room and wheelchair-accessible lift add convenience.
The home includes a two-car carport and access to an in-ground pool and clubhouse with a game area and pool table. Concord BART, downtown Concord, Costco, shopping, and dining are minutes away, with access to Highways 242, 680, and 4.
The home includes a two-car carport and access to an in-ground pool and clubhouse with a game area and pool table. Concord BART, downtown Concord, Costco, shopping, and dining are minutes away, with access to Highways 242, 680, and 4.
Key Highlights
- Manufactured home at 37 Terrace Dr. in Concord Mobile Home Park
- 3‑bedroom, 2‑bath home built in 2010
- 1,344 sqft of living space with an open living and kitchen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,320
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,400
$426.4K
Cap Rate 7%
$304,571
$304.6K
Cap Rate 9%
$236,889
$236.9K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$40.8K $30.36/SF
− Vacancy
−$2.0K −$1.52/SF
EGI
$38.8K $28.84/SF
− OpEx
−$17.4K −$12.98/SF
NOI
$21.3K $15.86/SF
Area
Concord, CA
Vacancy
5.00%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,400
Cap Rate 7%
$304,571
Cap Rate 9%
$236,889
Alternative Uses
Best Use
Apartment 5plus
$304.6K
$266.5K – $355.3K
NOI $21,320 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$328.7K
$287.6K – $383.5K
NOI $23,010 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 94518, CA
27,209
Population
10,361
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
4,947
Density / Sq Mi
$111,406
Median Household Income
$56,960
Median Earnings
$2,290
Median Rent
$826,500
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 - Open-concept residence with a primary suite, indoor laundry, accessible lift, and two-car covered parking.
Where is this mobile home & rv park located?
The property is located at 37 Terrace Dr Concord, 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: Manufactured home at 37 Terrace Dr. in Concord Mobile Home Park; 3‑bedroom, 2‑bath home built in 2010; 1,344 sqft of living space with an open living and kitchen area
