2004 Park Model with Wind-Protected
For Sale
$72,000
581-70200 Dillon Rd, Desert Hot Springs, CA 92241
2004 Cavco 1-bedroom, 1-bath park model with a wind-protected deck overlooking the 7th hole and duck ponds.
Property Size400 SF
Price / SF$180
Days on Market72
Property Features for 581-70200 Dillon Rd
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Listing Agency:
Sun Real Estate Team, Inc
(530) 888-8110
Listed By:
Martin Jelmberg · License #02111002
(760) 750-0139
Source:
Exprealty
Added: Jul 11
Changed: Sep 5
Last Checked: Sep 19 at 11:46AM
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 Sun Real Estate Team, Inc
Investment Insights
Based on property information with market context.
This beautifully maintained 2004 Cavco park model offers approximately 400 square feet of living space with one bedroom and one bathroom. Enjoy indoor-outdoor comfort from a wind-protected deck with views of the 7th hole and surrounding duck ponds.
The home is located within the 55+ Caliente Springs Resort. Resort amenities listed include a 9-hole golf course, mineral-fed hot spring pool and spas, a state-of-the-art gym, yoga, water volleyball, eight pickleball courts, tennis courts, chapel services, and on-site laundry facilities.
Please note the lot is not owned; space rent is $1,007.
The home is located within the 55+ Caliente Springs Resort. Resort amenities listed include a 9-hole golf course, mineral-fed hot spring pool and spas, a state-of-the-art gym, yoga, water volleyball, eight pickleball courts, tennis courts, chapel services, and on-site laundry facilities.
Please note the lot is not owned; space rent is $1,007.
Key Highlights
- 2004 Cavco 1‑bedroom, 1‑bath park model, approx. 400 SF
- Wind‑protected deck with views of the 7th hole and duck ponds
- Located in the 55+ Caliente Springs Resort
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
$6,475
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
8.99%
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%
$129,500
$129.5K
Cap Rate 7%
$92,500
$92.5K
Cap Rate 9%
$71,944
$71.9K
Market Conditions
NOI Build-Up for 400 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
$12.0K $30.00/SF
− Vacancy
−$228 −$0.57/SF
EGI
$11.8K $29.43/SF
− OpEx
−$5.3K −$13.24/SF
NOI
$6.5K $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 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%
$129,500
Cap Rate 7%
$92,500
Cap Rate 9%
$71,944
Alternative Uses
Best Use
Apartment 5plus
$92.5K
$80.9K – $107.9K
NOI $6,475 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 92241, CA
9,270
Population
6,006
Households
1.5
Avg Household Size
51
Median Age
16%
College-Educated
82%
High-School Grad
132.6 sq mi
ZIP Area
70
Density / Sq Mi
$45,210
Median Household Income
$29,545
Median Earnings
$961
Median Rent
$93,400
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 - 2004 Cavco 1-bedroom, 1-bath park model with a wind-protected deck overlooking the 7th hole and duck ponds.
Where is this mobile home & rv park located?
The property is located at 581-70200 Dillon Rd Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $72,000.
What are key features of this property?
This property features: 2004 Cavco 1‑bedroom, 1‑bath park model, approx. 400 SF; Wind‑protected deck with views of the 7th hole and duck ponds; Located in the 55+ Caliente Springs Resort
