Mobile Home & RV Park
For Sale
$115,000
448050 Mirage Ln, Herlong, CA 96113
Mobile home property with mountain views and fireplace living room, heated with propane and a fireplace.
Property Size950 SF
Price / SF$121.05
Days on Market103
Property Features for 448050 Mirage Ln
General Information
Standard status
Active
Size
950 SF
Property subtype
Manufactured In Park
Listing Agency:
Beycome Brokerage Realty Inc.
Listed By:
Jeffrey Sklar · License #471022783
(804) 656-5007
Source:
Exprealty
Added: Jul 27
Changed: Nov 3
Last Checked: Nov 4 at 6:54PM
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 Beycome Brokerage Realty Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mobile home & RV park property includes a fireplace in the living room and propane heat. Interior amenities include a microwave and refrigerator. Cooling is listed as none, with heating provided by fireplace(s) and propane. The property was built in 1970.
Set in Lassen County, directions are provided via Susanville Road to Bonita Road, then Arroyo Drive, and Corral Road, with the property on the left.
Exterior features include mountain views, with parking features listed as none. The home’s overall setup is centered around the living room fireplace and propane heating system.
Set in Lassen County, directions are provided via Susanville Road to Bonita Road, then Arroyo Drive, and Corral Road, with the property on the left.
Exterior features include mountain views, with parking features listed as none. The home’s overall setup is centered around the living room fireplace and propane heating system.
Key Highlights
- Mountain views
- Propane heating plus fireplace(s)
- Living room fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,760
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,200
$155.2K
Cap Rate 7%
$110,857
$110.9K
Cap Rate 9%
$86,222
$86.2K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$14.8K $15.60/SF
− Vacancy
−$711 −$0.75/SF
EGI
$14.1K $14.85/SF
− OpEx
−$6.3K −$6.68/SF
NOI
$7.8K $8.17/SF
Area
Lassen County, CA
Vacancy
4.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,200
Cap Rate 7%
$110,857
Cap Rate 9%
$86,222
Alternative Uses
Best Use
Apartment 5plus
$110.9K
$97.0K – $129.3K
NOI $7,760 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.6K
$228.0K – $304.0K
NOI $18,240 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Demographics for 96113, CA
1,898
Population
412
Households
4.6
Avg Household Size
38
Median Age
9%
College-Educated
66%
High-School Grad
21.9 sq mi
ZIP Area
87
Density / Sq Mi
$54,922
Median Household Income
$48,665
Median Earnings
$1,082
Median Rent
$72,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home property with mountain views and fireplace living room, heated with propane and a fireplace.
Where is this mobile home & rv park located?
The property is located at 448050 Mirage Ln Herlong, CA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Mountain views; Propane heating plus fireplace(s); Living room fireplace
