Manufactured Home Site in RV
For Sale
$380,000
53-53 Greco St, Aptos, CA 95003
Severely damaged manufactured home sold as-is, near guest parking, pool, and clubhouse within the park.
Property Size1,344 SF
Price / SF$282.74
Days on Market9
Property Features for 53-53 Greco St
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Listing Agency:
California Homes Realty
(831) 464-1671
Listed By:
Claudia Caudle · License #01159211
(831) 464-1671
Source:
Exprealty
Added: Jul 23
Changed: Jul 30
Last Checked: Jul 30 at 9:30AM
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 California Homes Realty
Investment Insights
Based on property information with market context.
This manufactured home (PropertySize: 1344) has been severely damaged by a broken water pipe and is not livable. It is being sold as-is with all faults. The property is positioned in the middle of the park and offers an in-park setting with yard and space, suitable for placing a new manufactured home, subject to park approval for the home and for new owners.
Residents and guests appear to benefit from convenient park amenities, including being very close to guest parking, the pool, and the clubhouse. For outdoor access, the home offers the ability to walk to the beach when the foot bridge is done, or an easy walk over Hwy 1 from the end of the street.
Daily needs are also within walking range, with easy access to shopping on Soquel Dr., including Safeway, as well as nearby restaurants and other shops.
Residents and guests appear to benefit from convenient park amenities, including being very close to guest parking, the pool, and the clubhouse. For outdoor access, the home offers the ability to walk to the beach when the foot bridge is done, or an easy walk over Hwy 1 from the end of the street.
Daily needs are also within walking range, with easy access to shopping on Soquel Dr., including Safeway, as well as nearby restaurants and other shops.
Key Highlights
- 1344 SF manufactured home severely damaged by broken water pipe, not livable, sold as‑is with all faults
- Located in the middle of the park with yard and space for a new manufactured home
- Very close to guest parking plus the pool and clubhouse
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 | $64.5k | $48.00 |
| − Vacancy | −$1.6k | −$1.20 |
| EGI | $62.9k | $46.80 |
| − OpEx | −$28.3k | −$21.06 |
| NOI | $34.6k | $25.74 |
1,344 SF · lease $48.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$494.2K
$432.4K – $576.6K
NOI $34,595 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$768.5K
$672.4K – $896.6K
NOI $53,795 @ 7.0% cap · market cap 14.16%
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
743
Businesses Nearby
Explore this area
Business Placement
Demographics for 95003, CA
24,706
Population
11,728
Households
2.1
Avg Household Size
50
Median Age
54%
College-Educated
96%
High-School Grad
32.4 sq mi
ZIP Area
763
Density / Sq Mi
$140,990
Median Household Income
$63,609
Median Earnings
$2,548
Median Rent
$1,154,000
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 - Severely damaged manufactured home sold as-is, near guest parking, pool, and clubhouse within the park.
Where is this mobile home & rv park located?
The property is located at 53-53 Greco St Aptos, CA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1344 SF manufactured home severely damaged by broken water pipe, not livable, sold as‑is with all faults; Located in the middle of the park with yard and space for a new manufactured home; Very close to guest parking plus the pool and clubhouse
