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Residential Income Property
For Sale
$279,999

93 Candlewood Drive, Petaluma, CA 94952

Residential income property offered for sale at 93 Candlewood Drive.

Property Size1,344 SF
Price / SF$208.33
Days on Market10

Property Features for 93 Candlewood Drive

General Information

Standard status Active
Size 1,344 SF
Property subtype Manufactured In Park

Amenities

Ceiling Fan(s)
Central
Dishwasher, Free-Standing Gas Range, Microwave
Assigned, Attached, Covered

Building Details

Year Built 2004
Listing Agency:
Listed By: Taylor Blanford
Source: Evrealestate
Added: Jul 22 Changed: Jul 28 Last Checked: Jul 31 at 6:11AM

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 Taylor Blanford

Investment Insights

Based on property information with market context.

Offered for sale, this residential income property is located at 93 Candlewood Drive in Petaluma, CA 94952 (Sonoma County). The listing size is noted as 1,344.

Access is provided via directions included in the remarks: take McDowell south, turn left into The Cottages, then left onto Candlewood, with the unit located on the left.

The property is categorized under residential income and multifamily-related property types in the listing materials, supporting use as an income-oriented residential asset.

Key Highlights

  • Residential income property at 93 Candlewood Drive (Sonoma County)
  • Built in 2004
  • Central heating and cooling with ceiling fans

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 $19.4k $14.40
− Vacancy −$1.2k −$0.92
EGI $18.1k $13.48
− OpEx −$8.2k −$6.07
NOI $10.0k $7.41
1,344 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$142.3K
$124.5K – $166.1K (±1% cap)
NOI $9,963 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.2K
$318.7K – $424.9K (±1% cap)
NOI $25,494 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Parking Lot & Garage Restaurant

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

1,036
Businesses Nearby

Demographics for 94952, CA

33,619
Population
14,794
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
92%
High-School Grad
198.5 sq mi
ZIP Area
169
Density / Sq Mi
$115,097
Median Household Income
$56,650
Median Earnings
$2,272
Median Rent
$1,016,800
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Residential income property offered for sale at 93 Candlewood Drive.
Where is this mobile home & rv park located?
The property is located at 93 Candlewood Drive Petaluma, CA.
What is the asking price?
The asking price for this property is $279,999.
What are key features of this property?
This property features: Residential income property at 93 Candlewood Drive (Sonoma County); Built in 2004; Central heating and cooling with ceiling fans
More about this property
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