Updated Double-Wide Mobile
71 Calle Margarita Elk Grove, CA 95624
For Sale
$148,500
3-bed, 2-bath double-wide with an open floor plan and recent interior, kitchen, and primary suite updates.
Property Size1,440 SF
Price / SF$103.13
Days on Market15
Property Features for 71 Calle Margarita
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Listing Agency:
Keller Williams Realty
2177409
Listed By:
Diane R. Johnson
2177409
Source:
Exprealty
Added: Jul 14
Changed: Jul 21
Last Checked: Jul 26 at 3:56PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Located at 71 Calle Margarita in Elk Grove, this well-maintained double-wide mobile home offers an open floor plan with 3 bedrooms and 2 bathrooms. The home features newer laminate flooring and fresh interior paint, along with updated kitchen finishes including granite countertops, appliances, and soft-close cabinetry with roll-out shelving. The primary suite has been updated with a walk-in shower, grab bars, a double vanity, and modern fixtures, and the guest bath also includes updated finishes.
Outside, the property includes an easy-maintenance yard with a drip system, new skirting, and a garden area with fruit trees. A large front porch includes an access ramp for added accessibility.
Situated in a convenient Elk Grove area near parks, shopping, and dining, the home is within walking distance to Elk Grove Park and everyday conveniences, with easy freeway access and close proximity to Old Town Elk Grove and Emerald Lakes Golf Course.
Outside, the property includes an easy-maintenance yard with a drip system, new skirting, and a garden area with fruit trees. A large front porch includes an access ramp for added accessibility.
Situated in a convenient Elk Grove area near parks, shopping, and dining, the home is within walking distance to Elk Grove Park and everyday conveniences, with easy freeway access and close proximity to Old Town Elk Grove and Emerald Lakes Golf Course.
Key Highlights
- Double‑wide mobile home with 3 bedrooms, 2 bathrooms, and approximately 1,440 SF of living space
- Open floor plan for everyday living and entertaining
- Recent updates include newer laminate flooring and fresh interior paint
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.7k | $16.44 |
| − Vacancy | −$1.2k | −$0.82 |
| EGI | $22.5k | $15.62 |
| − OpEx | −$10.1k | −$7.03 |
| NOI | $12.4k | $8.59 |
1,440 SF · lease $16.44/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$176.7K
$154.6K – $206.2K
NOI $12,369 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.9K
$314.9K – $419.9K
NOI $25,194 @ 7.0% cap · market cap 16.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 3-bed, 2-bath double-wide with an open floor plan and recent interior, kitchen, and primary suite updates.
Where is this mobile home & rv park located?
The property is located at 71 Calle Margarita Elk Grove, CA.
What is the asking price?
The asking price for this property is $148,500.
What are key features of this property?
This property features: Double‑wide mobile home with 3 bedrooms, 2 bathrooms, and approximately 1,440 SF of living space; Open floor plan for everyday living and entertaining; Recent updates include newer laminate flooring and fresh interior paint
