Resident-Owned Senior Mobile Home
For Sale
$259,000
43-235 S Beach Blvd, Anaheim, CA 92801
Resident-owned senior mobile home park with a 2 bed, 2 bath home and included appliances, plus on-site pool and clubhouses.
Property Size1,000 SF
Price / SF$259
Days on Market85
Property Features for 43-235 S Beach Blvd
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Manufactured In Park
Amenities
pool
spa
steam room
workout room
bbq
clubhouse
storage sheds
Listing Agency:
NT & Associates Inc.
(562) 467-6922
Listed By:
Traci Arsenault
(714) 308-0399
Source:
Exprealty
Added: Jun 24
Changed: Sep 10
Last Checked: Sep 15 at 12:11PM
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 NT & Associates Inc.
Investment Insights
Based on property information with market context.
Cherokee Senior Mobile Home Park is offered as a rare resident-owned mobile home park with low HOA. The included home is a 2 bedroom, 2 bath layout with full copper plumbing throughout, and all appliances are included with the purchase. The home features inside laundry, a front porch area, two storage sheds, and covered carport parking.
On-site amenities include a pool, spa, steam room, workout room, and BBQ areas, along with two clubhouses for community use. The property is located at 43-235 S Beach Blvd, Anaheim, CA.
On-site amenities include a pool, spa, steam room, workout room, and BBQ areas, along with two clubhouses for community use. The property is located at 43-235 S Beach Blvd, Anaheim, CA.
Key Highlights
- Resident‑owned senior mobile home park
- 2 bed, 2 bath home with full copper plumbing throughout
- Appliances included with purchase
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
$15,491
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
5.98%
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%
$309,820
$309.8K
Cap Rate 7%
$221,300
$221.3K
Cap Rate 9%
$172,122
$172.1K
Market Conditions
NOI Build-Up for 1,000 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
$29.4K $29.40/SF
− Vacancy
−$1.2K −$1.23/SF
EGI
$28.2K $28.17/SF
− OpEx
−$12.7K −$12.67/SF
NOI
$15.5K $15.49/SF
Area
ZIP 92801
Vacancy
4.20%
Lease Rate
$29.40 /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%
$309,820
Cap Rate 7%
$221,300
Cap Rate 9%
$172,122
Alternative Uses
Best Use
Apartment 5plus
$221.3K
$193.6K – $258.2K
NOI $15,491 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.5K
$278.7K – $371.6K
NOI $22,298 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
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 - Resident-owned senior mobile home park with a 2 bed, 2 bath home and included appliances, plus on-site pool and clubhouses.
Where is this mobile home & rv park located?
The property is located at 43-235 S Beach Blvd Anaheim, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Resident‑owned senior mobile home park; 2 bed, 2 bath home with full copper plumbing throughout; Appliances included with purchase
