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Park Model Home with Enclosed Deck
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 Market49

Property Features for 84136 Avenue 44 #135 135

General Information

Standard status Active
Size 400 SF
Property subtype Manufactured In Park

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
Listed By: James Richmond · License #01729522
Source: Kaleorealestate
Added: Sep 19 Changed: Nov 2 Last Checked: Nov 4 at 1:07PM

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

Rey
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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.

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 / Yr
$6,475
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
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
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 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 5.40%
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 7.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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