1-Bedroom Mobile Home with
For Sale
$104,000
6 Hanford Avenue, Concord, CA 94518
Updated 1-bedroom mobile home with an enclosed sunroom, dual-pane windows, and a covered carport for up to three vehicles.
Property Size560 SF
Price / SF$185.71
Days on Market240
Property Features for 6 Hanford Avenue
General Information
Standard status
Active
Size
560 SF
Total Parking Spaces
3
Property subtype
Manufactured In Park
Amenities
clubhouse
swimming pool
on-site laundry facility
guest parking
Listing Agency:
K Dumas Homes
6704800
Listed By:
Kymberley Jackson-Dumas
6704800
Source:
Exprealty
Added: Dec 11, 2025
Changed: Jul 23
Last Checked: Aug 7 at 11:55AM
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 K Dumas Homes
Investment Insights
Based on property information with market context.
Located at 6 Hanford Avenue in Concord, this updated 1-bedroom mobile home offers an open-concept kitchen and move-in-ready interior finishes, including new laminate hardwood flooring and carpet. Dual-pane windows run throughout the home. The bedroom includes two closets and a built-in vanity area. Additional living space is provided by a large enclosed sunroom suitable for a home office, hobby room, or relaxation.
Outside, the property features a covered carport with room for up to three small vehicles and a backyard that can be customized to your preferences. The home is situated within a family community with on-site amenities including a clubhouse, swimming pool, on-site laundry facility, and ample guest parking, with nearby access to Downtown Concord, BART, parks, walking trails, restaurants, shopping, and entertainment.
Ideal for buyers seeking an affordable, centrally located home within a managed community, this listing is offered for sale by a motivated seller and agents are welcome.
Outside, the property features a covered carport with room for up to three small vehicles and a backyard that can be customized to your preferences. The home is situated within a family community with on-site amenities including a clubhouse, swimming pool, on-site laundry facility, and ample guest parking, with nearby access to Downtown Concord, BART, parks, walking trails, restaurants, shopping, and entertainment.
Ideal for buyers seeking an affordable, centrally located home within a managed community, this listing is offered for sale by a motivated seller and agents are welcome.
Key Highlights
- Updated 1‑bedroom mobile home with an open‑concept kitchen layout
- Dual‑pane windows throughout
- New laminate hardwood flooring and new carpet
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
$8,883
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
8.54%
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%
$177,660
$177.7K
Cap Rate 7%
$126,900
$126.9K
Cap Rate 9%
$98,700
$98.7K
Market Conditions
NOI Build-Up for 560 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
$17.0K $30.36/SF
− Vacancy
−$850 −$1.52/SF
EGI
$16.2K $28.84/SF
− OpEx
−$7.3K −$12.98/SF
NOI
$8.9K $15.86/SF
Area
Concord, CA
Vacancy
5.00%
Lease Rate
$30.36 /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%
$177,660
Cap Rate 7%
$126,900
Cap Rate 9%
$98,700
Alternative Uses
Best Use
Apartment 5plus
$126.9K
$111.0K – $148.1K
NOI $8,883 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$137.0K
$119.9K – $159.8K
NOI $9,588 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
Business Placement
Demographics for 94518, CA
27,209
Population
10,361
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
4,947
Density / Sq Mi
$111,406
Median Household Income
$56,960
Median Earnings
$2,290
Median Rent
$826,500
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 - Updated 1-bedroom mobile home with an enclosed sunroom, dual-pane windows, and a covered carport for up to three vehicles.
Where is this mobile home & rv park located?
The property is located at 6 Hanford Avenue Concord, CA.
What is the asking price?
The asking price for this property is $104,000.
What are key features of this property?
This property features: Updated 1‑bedroom mobile home with an open‑concept kitchen layout; Dual‑pane windows throughout; New laminate hardwood flooring and new carpet
