Mobile Home Park Income
For Sale
$230,000
405 W Crystal Drive, Cotati, CA 94931
For sale mobile home and RV park in Cotati with an address at 405 W Crystal Drive.
Property Size900 SF
Price / SF$255.56
Days on Market64
Property Features for 405 W Crystal Drive
General Information
Standard status
Active
Size
900 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central, Natural Gas
Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator, Range Hood, Microwave
Assigned
Building Details
Year Built
2026
Listing Agency:
Roberta Ann Johns
Listed By:
Roberta A. Johns · License #00865237
(707) 537-9164
Source:
Evrealestate
Added: Jul 3
Changed: Aug 24
Last Checked: Sep 4 at 2:22AM
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 Roberta Ann Johns
Investment Insights
Based on property information with market context.
This offering is described as a mobile home and RV park and residential income property, offered for sale. The property information provided indicates a size of 900.
Directions note taking W. on Sierra to the park entrance at 492 W. Sierra, then going to the rear of the park and finding the unit on the right side. The county is Sonoma.
Additional site specifics, unit mix, amenities, and condition details are not included in the provided information.
Directions note taking W. on Sierra to the park entrance at 492 W. Sierra, then going to the rear of the park and finding the unit on the right side. The county is Sonoma.
Additional site specifics, unit mix, amenities, and condition details are not included in the provided information.
Key Highlights
- Mobile home and RV park for sale in Cotati, at 405 W Crystal Drive
- Heating: central with natural gas
- Appliances include dishwasher, disposal, free‑standing gas range, range hood, and microwave
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
$6,672
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
2.90%
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%
$133,440
$133.4K
Cap Rate 7%
$95,314
$95.3K
Cap Rate 9%
$74,133
$74.1K
Market Conditions
NOI Build-Up for 900 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
$13.0K $14.40/SF
− Vacancy
−$829 −$0.92/SF
EGI
$12.1K $13.48/SF
− OpEx
−$5.5K −$6.07/SF
NOI
$6.7K $7.41/SF
Area
Sonoma County, CA
Vacancy
6.40%
Lease Rate
$14.40 /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%
$133,440
Cap Rate 7%
$95,314
Cap Rate 9%
$74,133
Alternative Uses
Best Use
Apartment 5plus
$95.3K
$83.4K – $111.2K
NOI $6,672 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$243.9K
$213.4K – $284.5K
NOI $17,072 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 94931, CA
9,119
Population
4,244
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
1,184
Density / Sq Mi
$103,105
Median Household Income
$59,605
Median Earnings
$1,780
Median Rent
$788,200
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 - For sale mobile home and RV park in Cotati with an address at 405 W Crystal Drive.
Where is this mobile home & rv park located?
The property is located at 405 W Crystal Drive Cotati, CA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Mobile home and RV park for sale in Cotati, at 405 W Crystal Drive; Heating: central with natural gas; Appliances include dishwasher, disposal, free‑standing gas range, range hood, and microwave
