Park Model Home with Enclosed
New
For Sale
$119,900
84136 Avenue 44 #135 135, Indio, CA 92203
Furnished park model with resort amenities, golf access, and an enclosed outdoor living area.
Property Size400 SF
Price / SF$299.75
Days on Market2
Property Features for 84136 Avenue 44 #135 135
General Information
Standard status
Active
Size
400 SF
Property subtype
ManufacturedInPark
Additional Details
Multifamily Units
1
Amenities
clubhouse
pool
spa
laundry facilities
mailboxes
golf course
putting course
practice chipping/putting greens
tennis courts
pickleball courts
shuffleboard courts
horseshoe pitch
fitness center
Listing Agency:
Coldwell Banker Realty
(760) 345-2527
Listed By:
James Richmond · License #01729522
(760) 844-2030
Source:
Kaleorealestate
Added: Sep 19
Last Checked: Sep 19 at 2:53PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This park model home is positioned near the community’s front entrance and includes an enclosed deck with automatic shutters and rod-iron railing. Interior features include hardwood laminate flooring, a walk-through bathroom with dual sinks, a garbage disposal, and a kitchen equipped with a GE refrigerator, dishwasher, microwave, and convection oven. A Kenmore washer and dryer, 32-inch Vizio TV, 10 x 10 shed, and golf cart are also included.
Rancho Casa Blanca is a 55+ active lifestyle resort community with 801 park model homes or RV sites across an 80-acre property. The community includes two clubhouses, four satellite buildings, six heated pools and spas, an 18-hole par 3 golf course, a 9-hole putting course, tennis and pickleball courts, shuffleboard, horseshoes, a fitness center, and more than 60 clubs and classes. The home is located near Clubhouse 1 pool and spa facilities.
Rancho Casa Blanca is a 55+ active lifestyle resort community with 801 park model homes or RV sites across an 80-acre property. The community includes two clubhouses, four satellite buildings, six heated pools and spas, an 18-hole par 3 golf course, a 9-hole putting course, tennis and pickleball courts, shuffleboard, horseshoes, a fitness center, and more than 60 clubs and classes. The home is located near Clubhouse 1 pool and spa facilities.
Key Highlights
- Park model near the front entrance with enclosed deck and automatic shutters
- Includes golf cart, 10 x 10 shed, appliances, washer and dryer
- Rancho Casa Blanca is a 55+ active lifestyle resort community
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
5.40%
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 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 92203, CA
31,366
Population
14,750
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
89%
High-School Grad
18.5 sq mi
ZIP Area
1,695
Density / Sq Mi
$97,969
Median Household Income
$47,013
Median Earnings
$1,990
Median Rent
$496,600
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 - Furnished park model with resort amenities, golf access, and an enclosed outdoor living area.
Where is this mobile home & rv park located?
The property is located at 84136 Avenue 44 #135 135 Indio, CA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Park model near the front entrance with enclosed deck and automatic shutters; Includes golf cart, 10 x 10 shed, appliances, washer and dryer; Rancho Casa Blanca is a 55+ active lifestyle resort community
