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Fee-Simple Mobile Home Park Model
For Sale
$119,900

49-69801 Ramon Rd, Cathedral City, CA 92234

Park model ownership with resort amenities, dedicated parking, and no land lease.

Property Size600 SF
Price / SF$199.83
Days on Market90

Property Features for 49-69801 Ramon Rd

General Information

Standard status Active
Size 600 SF
Total Parking Spaces 2
Property subtype Manufactured In Park

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Amenities

pool
spa
clubhouse
fitness center
pickleball court
tennis court
library
billiards room
putting green

Building Details

Buildings 1
Listing Agency: Real Brokerage Technologies
Listed By: Rosie
Source: Exprealty
Added: Jul 20 Changed: Oct 17 Last Checked: Oct 16 at 11:56AM

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 Real Brokerage Technologies

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Investment Insights

Based on property information with market context.

This 600-square-foot park model offers a 2-bedroom, 1-bath layout on a fee-simple lot within Desert Shadows RV Resort. The property includes two dedicated parking spaces, providing a practical setup for seasonal use or a vacation retreat. Ownership is not subject to a land lease.

The 55+ seasonal resort provides an extensive amenity package, including 6 pools, multiple spas, clubhouses, a fitness center, pickleball and tennis courts, a library, billiards room, putting green, and scheduled social programming. HOA services include water, cable, trash, and common area maintenance.

The property is located at 49-69801 Ramon Rd in Cathedral City, near shopping, dining, golf, casinos, Palm Springs International Airport, and Coachella Valley attractions.

Key Highlights

  • 600‑square‑foot park model with 2 bedrooms and 1 bath
  • Fee‑simple lot ownership with no land lease
  • Two dedicated parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,712
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,240 $194.2K
Cap Rate 7%
$138,743 $138.7K
Cap Rate 9%
$107,911 $107.9K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$18.0K $30.00/SF
− Vacancy
−$342 −$0.57/SF
EGI
$17.7K $29.43/SF
− OpEx
−$7.9K −$13.24/SF
NOI
$9.7K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,240
Cap Rate 7%
$138,743
Cap Rate 9%
$107,911

Alternative Uses

Best Use
Apartment 5plus
$138.7K
$121.4K – $161.9K (±1% cap)
NOI $9,712 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.7K
$157.3K – $209.7K (±1% cap)
NOI $12,582 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Hair Salon Spa & Massage Center

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 92234, CA

51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Park model ownership with resort amenities, dedicated parking, and no land lease.
Where is this mobile home & rv park located?
The property is located at 49-69801 Ramon Rd Cathedral City, CA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 600‑square‑foot park model with 2 bedrooms and 1 bath; Fee‑simple lot ownership with no land lease; Two dedicated parking spaces
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