Manufactured Home Park
For Sale
$199,500
Pending
54 Hacienda Drive #54, Napa, CA 94558
For sale unit #54 within La Siesta Manufactured Home Park in Napa County.
Property Size1,020 SF
Days on Market215
Property Features for 54 Hacienda Drive #54
General Information
Standard status
Pending
Size
1,020 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Therapeutic Whirlpool
Central Air
Central
Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater, Range Hood, Ice Maker, Microwave, Plumbed For Ice Maker
Cathedral Ceiling(s), Double Vanity, Kitchen Island, Pantry
Covered
Building Details
Year Built
2001
Listed By:
Angeline T. Ritter
(510) 861-5110
Source:
Evrealestate
Added: Feb 2
Changed: Aug 8
Last Checked: Jul 24 at 8:04AM
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 Angeline T. Ritter
Investment Insights
Based on property information with market context.
Offered for sale is unit #54 located within La Siesta Manufactured Home Park. The property is identified as part of the manufactured home park community, with access described via Solano to La Siesta, taking the 3rd cul-de-sac on the right.
The listing is in Napa County, California. As part of the park, the unit’s setting is tied to the internal park layout and road approach noted in the directions provided.
This is a for-sale residential income-style offering associated with the manufactured home park site, presented as an individual unit within the larger community.
The listing is in Napa County, California. As part of the park, the unit’s setting is tied to the internal park layout and road approach noted in the directions provided.
This is a for-sale residential income-style offering associated with the manufactured home park site, presented as an individual unit within the larger community.
Key Highlights
- Unit #54 for sale within La Siesta Manufactured Home Park in Napa County
- Built in 2001
- Central air conditioning and central heating
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
$16,274
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
8.16%
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%
$325,480
$325.5K
Cap Rate 7%
$232,486
$232.5K
Cap Rate 9%
$180,822
$180.8K
Market Conditions
NOI Build-Up for 1,020 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
$31.2K $30.60/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$29.6K $29.01/SF
− OpEx
−$13.3K −$13.05/SF
NOI
$16.3K $15.95/SF
Area
Napa County, CA
Vacancy
5.20%
Lease Rate
$30.60 /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%
$325,480
Cap Rate 7%
$232,486
Cap Rate 9%
$180,822
Alternative Uses
Best Use
Apartment 5plus
$232.5K
$203.4K – $271.2K
NOI $16,274 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,082 @ 7.0% cap · market cap 72.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 94558, CA
65,473
Population
27,402
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
85%
High-School Grad
399.9 sq mi
ZIP Area
164
Density / Sq Mi
$109,444
Median Household Income
$51,955
Median Earnings
$2,248
Median Rent
$855,600
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 - For sale unit #54 within La Siesta Manufactured Home Park in Napa County.
Where is this mobile home & rv park located?
The property is located at 54 Hacienda Drive #54 Napa, CA.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Unit #54 for sale within La Siesta Manufactured Home Park in Napa County; Built in 2001; Central air conditioning and central heating
