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Mobile Home & RV Park
For Sale
$72,000

70200 Dillon Road 581, Desert Hot Springs, CA 92241

For sale in Riverside County, this mobile home and RV park is offered at 70200 Dillon Road.

Property Size400 SF
Price / SF$180
Days on Market59

Property Features for 70200 Dillon Road 581

General Information

Standard status Active
Size 400 SF
Total Parking Spaces 3
Property subtype Manufactured In Park

Amenities

Golf, Pool, Gated
Central Air
Central, Electric
Gas Cooktop, Gas Oven, Refrigerator
Vaulted Ceiling(s)
Desert, Golf Course, Hills, Mountain(s), Park/Greenbelt
Assigned, Attached Carport
Other

Building Details

Building Size 400 SF
Year Built 2004
Stories 1
Listing Agency: Sun Real Estate Team, Inc
Listed By: Martin G Jelmberg · License #02111002
Source: Evrealestate
Added: Jul 11 Changed: Sep 2 Last Checked: Sep 6 at 4:03AM

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 for-sale property is identified in the listing as a Mobile home & RV park, with additional classification as a multifamily/residential income asset. The offering is located at 70200 Dillon Road 581 in Desert Hot Springs, California, within Riverside County.

The available public information does not describe specific unit count, layout, or on-site improvements. Buyers and brokers can request further details on the property configuration and operating setup directly from the listing broker.

Key Highlights

  • Offered at 70200 Dillon Road in Riverside County (mobile home and RV park)
  • Year built: 2004
  • Central air cooling with central electric 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
$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 (±1% cap)
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 (±1% cap)
NOI $8,388 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Caliente Springs Resort Campground & RV Park Desert Fabulous Vacation Rental caliente emergency Hospital MARTY JELMBERG Real Estate Agency Caliente Springs Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service Real Estate Agency Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - For sale in Riverside County, this mobile home and RV park is offered at 70200 Dillon Road.
Where is this mobile home & rv park located?
The property is located at 70200 Dillon Road 581 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: Offered at 70200 Dillon Road in Riverside County (mobile home and RV park); Year built: 2004; Central air cooling with central electric heating
More about this property
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