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Remodeled Senior Park Mobile Home
For Sale
$187,500

44 Cedar Cir, Folsom, CA 95630

Remodeled senior park home with new HVAC, updated flooring and baths, plus a private deck and patio for entertaining.

Property Size960 SF
Price / SF$195.31
Days on Market138

Property Features for 44 Cedar Cir

General Information

Standard status Active
Size 960 SF
Property subtype Manufactured In Park

Amenities

deck
patio
gas BBQ
inside laundry room
walk-in shower
ceiling fan
walk-in closet
Listing Agency: Dreher & Associates Inc.
Listed By: Sue Dreher
Source: Exprealty
Added: Mar 18 Changed: Jul 30 Last Checked: Jul 31 at 2:49PM

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 Dreher & Associates Inc.

Investment Insights

Based on property information with market context.

Remodeled senior park mobile home featuring new HVAC, LTV flooring, and sheetrock walls and ceilings. The interior includes a spacious living room and a gourmet kitchen with newer DW, stove with a water dispenser, and updated cabinetry and countertops. The primary bedroom offers a ceiling fan and a huge walking closet, while both bathrooms are updated with modern amenities, including a walk-in shower in the main bath.

The home also includes an inside laundry room and a door off the master bedroom leading to a beautiful deck with privacy. Outside, enjoy a spacious patio with a gas BBQ and room to entertain. An extra-large parking area with newly poured cement supports easy arrival, and the property provides an easy ramp to the home.

The home measures 960 SF.

Key Highlights

  • 960 SF remodeled senior park mobile home
  • New HVAC with LTV flooring and sheetrock walls and ceilings
  • Gourmet kitchen with newer DW and stove with water dispenser

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 $27.6k $28.80
− Vacancy −$1.7k −$1.76
EGI $26.0k $27.04
− OpEx −$11.7k −$12.17
NOI $14.3k $14.87
960 SF · lease $28.80/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$204.0K
$178.5K – $238.0K (±1% cap)
NOI $14,279 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$343.2K
$300.3K – $400.4K (±1% cap)
NOI $24,025 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Building Supply Electrical Service Big Box & Wholesale Store Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 95630, CA

74,787
Population
30,106
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
2,854
Density / Sq Mi
$139,182
Median Household Income
$74,786
Median Earnings
$2,280
Median Rent
$702,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Remodeled senior park home with new HVAC, updated flooring and baths, plus a private deck and patio for entertaining.
Where is this mobile home & rv park located?
The property is located at 44 Cedar Cir Folsom, CA.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 960 SF remodeled senior park mobile home; New HVAC with LTV flooring and sheetrock walls and ceilings; Gourmet kitchen with newer DW and stove with water dispenser
More about this property
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