Manufactured Home in Mobile
For Sale
$279,000
5-3505 Alpine Blvd, Alpine, CA 91901
2019 manufactured home with three bedrooms, two bathrooms, and a covered carport in a mobile estates community with a pool.
Property Size1,159 SF
Price / SF$240.72
Days on Market61
Property Features for 5-3505 Alpine Blvd
General Information
Standard status
Active
Size
1,159 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Building Details
Year Built
2019
Listing Agency:
American Group
(760) 768-8808
Listed By:
Manny Hernandez · License #01253348
(760) 427-3610
Source:
Exprealty
Added: Jul 6
Changed: Aug 23
Last Checked: Sep 4 at 8:01AM
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 American Group
Investment Insights
Based on property information with market context.
This 2019 manufactured home offers an open-concept layout with three bedrooms and two bathrooms. The kitchen includes a center island and abundant cabinetry, flowing into the living and dining areas. The primary suite includes a private bath, and the additional bedrooms provide flexible space for guests, an office, or hobbies. Outside, a covered carport supports convenient protected parking, complemented by low-maintenance landscaping.
Set within Alpine Oaks Mobile Estates, the community features maintained grounds with mature landscaping and trees, along with a community pool and other amenities. The property is described as being in the heart of Alpine, with easy access to shopping, restaurants, parks, and Interstate 8.
Space rent applies, and the buyer is subject to park approval.
Set within Alpine Oaks Mobile Estates, the community features maintained grounds with mature landscaping and trees, along with a community pool and other amenities. The property is described as being in the heart of Alpine, with easy access to shopping, restaurants, parks, and Interstate 8.
Space rent applies, and the buyer is subject to park approval.
Key Highlights
- 2019 manufactured home in Alpine Oaks Mobile Estates
- 3 bedrooms and 2 bathrooms with approximately 1,159 sq ft of living space
- Open‑concept floor plan with a spacious kitchen and center island
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
$19,257
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
6.90%
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%
$385,140
$385.1K
Cap Rate 7%
$275,100
$275.1K
Cap Rate 9%
$213,967
$214.0K
Market Conditions
NOI Build-Up for 1,159 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
$36.9K $31.80/SF
− Vacancy
−$1.8K −$1.59/SF
EGI
$35.0K $30.21/SF
− OpEx
−$15.8K −$13.59/SF
NOI
$19.3K $16.62/SF
Area
San Diego County, CA
Vacancy
5.00%
Lease Rate
$31.80 /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%
$385,140
Cap Rate 7%
$275,100
Cap Rate 9%
$213,967
Alternative Uses
Best Use
Apartment 5plus
$275.1K
$240.7K – $321.0K
NOI $19,257 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,171 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 91901, CA
17,688
Population
6,593
Households
2.7
Avg Household Size
43
Median Age
30%
College-Educated
95%
High-School Grad
77.9 sq mi
ZIP Area
227
Density / Sq Mi
$116,600
Median Household Income
$52,848
Median Earnings
$2,064
Median Rent
$804,000
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 - 2019 manufactured home with three bedrooms, two bathrooms, and a covered carport in a mobile estates community with a pool.
Where is this mobile home & rv park located?
The property is located at 5-3505 Alpine Blvd Alpine, CA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 2019 manufactured home in Alpine Oaks Mobile Estates; 3 bedrooms and 2 bathrooms with approximately 1,159 sq ft of living space; Open‑concept floor plan with a spacious kitchen and center island
