Brand New Corner Lot Manufactured
For Sale
$149,900
Pending
94-410 S 1st St, El Cajon, CA 92021
New Silvercrest manufactured home on a corner lot with 9-foot ceilings, vinyl plank flooring, and a 7-year factory warranty.
Property Size800 SF
Days on Market183
Property Features for 94-410 S 1st St
General Information
Standard status
Pending
Size
800 SF
Property subtype
Manufactured In Park
Additional Details
Clear Height
9 ft
Listing Agency:
1st R.E Services, Inc.
Listed By:
Mark Betteker
(760) 294-0362
Source:
Exprealty
Added: Apr 22
Changed: Oct 6
Last Checked: Oct 21 at 1:46AM
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 1st R.E Services, Inc.
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Investment Insights
Based on property information with market context.
Brand new Silvercrest manufactured home on a corner lot within an affordable senior living community. The home includes 9-foot flat ceilings with tape and textured drywall throughout, heavy-duty vinyl plank flooring (except in the bedrooms and bedroom closets), and wood cabinets with Corian countertops. A center island is included, and the property is backed by a 7-year factory warranty.
Located at 94-410 S 1st St in El Cajon, the home is part of a senior living community with a monthly fee. This manufactured home configuration is designed around an interior finish package that emphasizes durable flooring and finished surfaces throughout.
As presented, the unit combines a new construction interior with a factory warranty and a community-based living arrangement.
Located at 94-410 S 1st St in El Cajon, the home is part of a senior living community with a monthly fee. This manufactured home configuration is designed around an interior finish package that emphasizes durable flooring and finished surfaces throughout.
As presented, the unit combines a new construction interior with a factory warranty and a community-based living arrangement.
Key Highlights
- Brand new Silvercrest manufactured home on a corner lot in an affordable senior living community
- 7‑year factory warranty included
- 9‑foot high flat ceilings with tape and textured drywall throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,434
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,680
$148.7K
Cap Rate 7%
$106,200
$106.2K
Cap Rate 9%
$82,600
$82.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$884 −$1.11/SF
EGI
$13.5K $16.89/SF
− OpEx
−$6.1K −$7.60/SF
NOI
$7.4K $9.29/SF
Area
El Cajon, CA
Vacancy
6.14%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,680
Cap Rate 7%
$106,200
Cap Rate 9%
$82,600
Alternative Uses
Best Use
Apartment 5plus
$106.2K
$92.9K – $123.9K
NOI $7,434 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$198.8K
$173.9K – $231.9K
NOI $13,914 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
9 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - New Silvercrest manufactured home on a corner lot with 9-foot ceilings, vinyl plank flooring, and a 7-year factory warranty.
Where is this mobile home & rv park located?
The property is located at 94-410 S 1st St El Cajon, CA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Brand new Silvercrest manufactured home on a corner lot in an affordable senior living community; 7‑year factory warranty included; 9‑foot high flat ceilings with tape and textured drywall throughout
