Listing Agency: Engel & Voelkers Mendocino Show Phone

Listed By: Claire Amanno · License #02055686 Show Phone

Source: Tfregroup

Added: Nov 27, 2025 Changed: Oct 10 Last Checked: Oct 12 at 7:58PM

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Investment Insights

Based on property information with market context.

This move-in ready home features two bedrooms and two bathrooms. It is located on the more private side of a well-maintained senior park, nestled among the redwoods. The setting is peaceful, with a creekside backdrop and dappled light filtering through the trees. The home includes an upgraded kitchen and primary bathroom, featuring wood cabinetry with soft-close mechanisms. The primary suite is equipped with a no-barrier shower, designed for both style and accessibility. A spacious two-car garage provides ample storage. The senior park offers extensive amenities, including a large clubhouse and an indoor pool, suitable for social gatherings and year-round recreation.

Key Highlights

• Move‑in ready 2‑bedroom, 2‑bath home in a senior park.
• Enjoy the upgraded kitchen and primary bathroom with wood, soft‑close cabinetry.
• Primary suite features a no‑barrier shower for accessibility.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,028

Cap Rate

5.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$220,560 $220.6K

Cap Rate 7%

$157,543 $157.5K

Cap Rate 9%

$122,533 $122.5K

Market Conditions

NOI Build-Up for 1,296 SF

Gross rent

$21.0K $16.20/SF

− Vacancy

−$945 −$0.73/SF

EGI

$20.1K $15.47/SF

− OpEx

−$9.0K −$6.96/SF

NOI

$11.0K $8.51/SF

Area

Mendocino County, CA

Vacancy

4.50%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$220,560

Cap Rate 7%

$157,543

Cap Rate 9%

$122,533

Alternative Uses

Best Use

Apartment 5plus

$157.5K

$137.9K – $183.8K (±1% cap)

NOI $11,028 @ 7.0% cap · market cap 5.80%

Second Best

—

—

no second resolved use

Theoretical Best

Flex RnD

$484.5K

$424.0K – $565.3K (±1% cap)

NOI $33,917 @ 7.0% cap · market cap 17.85%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Senior Housing / Retirement ...

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 95456, CA

798

Population

795

Households

1

Avg Household Size

63

Median Age

64%

College-Educated

95%

High-School Grad

11.3 sq mi

ZIP Area

71

Density / Sq Mi

$60,972

Median Household Income

$36,801

Median Earnings

$859

Median Rent

$489,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this senior housing / retirement homes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Senior housing / Retirement Home - Two-bedroom, two-bath home in a well-maintained senior park.

Where is this senior housing / retirement home located?

The property is located at 43300 Little River Airport Road 90 Little River, CA.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Move‑in ready 2‑bedroom, 2‑bath home in a senior park.; Enjoy the upgraded kitchen and primary bathroom with wood, soft‑close cabinetry.; Primary suite features a no‑barrier shower for accessibility.