Manufactured Home in All-Age
For Sale
$289,900
555 Umbarger Rd 43, San Jose, CA 95111
Bright 2BR/2BA manufactured home with dual-pane windows, central HVAC, and private carport plus yard.
Property Size1,116 SF
Price / SF$261.17
Days on Market98
Property Features for 555 Umbarger Rd 43
General Information
Standard status
Active
Size
1,116 SF
Property subtype
Commercial
Building Details
Building Size
1,116 SF
Year Built
2001
Listed By:
An Vu
(408) 650-4881
Source:
Elliman
Added: Jun 1
Changed: Sep 3
Last Checked: Sep 6 at 8:29AM
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 An Vu
Investment Insights
Based on property information with market context.
This bright, spacious manufactured home offers 2 bedrooms and 2 bathrooms in a split floor plan, with vaulted ceilings and dual-pane windows. Built in 2001, the interior features an open-concept kitchen with a convenient snack bar and tile-edged countertops, along with a dedicated indoor laundry room and central heating and cooling. The primary suite is set up for privacy with its own bath and a large closet. Outside, a private 2-car carport and a wrap-around yard provide an outdoor space for gardening or relaxing.
The home is located within the all-age community of San Jose Verde. It is positioned just minutes from The Plant shopping center and major Silicon Valley commuter routes, making daily errands and commutes straightforward.
As a for-sale offering, this residence is well suited for buyers seeking a comfortable, traditional home layout with straightforward indoor/outdoor living. The property is associated with a monthly space rent of $1,686, which may be an important factor for planning an ownership budget within the community setting.
The home is located within the all-age community of San Jose Verde. It is positioned just minutes from The Plant shopping center and major Silicon Valley commuter routes, making daily errands and commutes straightforward.
As a for-sale offering, this residence is well suited for buyers seeking a comfortable, traditional home layout with straightforward indoor/outdoor living. The property is associated with a monthly space rent of $1,686, which may be an important factor for planning an ownership budget within the community setting.
Key Highlights
- Built in 2001, manufactured home with approximately 1,110 SF and a bright 2‑bedroom, 2‑bath layout
- Dual‑pane windows and central heating/cooling for energy‑efficient comfort
- Vaulted ceilings and an open‑concept kitchen with snack bar and tile‑edged countertops
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
$25,886
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
8.93%
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%
$517,720
$517.7K
Cap Rate 7%
$369,800
$369.8K
Cap Rate 9%
$287,622
$287.6K
Market Conditions
NOI Build-Up for 1,110 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
$49.3K $44.40/SF
− Vacancy
−$2.2K −$2.00/SF
EGI
$47.1K $42.40/SF
− OpEx
−$21.2K −$19.08/SF
NOI
$25.9K $23.32/SF
Area
ZIP 95111
Vacancy
4.50%
Lease Rate
$44.40 /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%
$517,720
Cap Rate 7%
$369,800
Cap Rate 9%
$287,622
Alternative Uses
Best Use
Apartment 5plus
$369.8K
$323.6K – $431.4K
NOI $25,886 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$666.4K
$583.1K – $777.5K
NOI $46,647 @ 7.0% cap · market cap 16.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 95111, CA
60,593
Population
16,303
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
72%
High-School Grad
5.8 sq mi
ZIP Area
10,447
Density / Sq Mi
$97,162
Median Household Income
$43,577
Median Earnings
$1,954
Median Rent
$826,200
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 - Bright 2BR/2BA manufactured home with dual-pane windows, central HVAC, and private carport plus yard.
Where is this mobile home & rv park located?
The property is located at 555 Umbarger Rd 43 San Jose, CA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Built in 2001, manufactured home with approximately 1,110 SF and a bright 2‑bedroom, 2‑bath layout; Dual‑pane windows and central heating/cooling for energy‑efficient comfort; Vaulted ceilings and an open‑concept kitchen with snack bar and tile‑edged countertops
