Fleetwood Mobile Home & RV
For Sale
$89,000
94-84136 Avenue 44, Indio, CA 92201
Remodeled Fleetwood model with an open layout, private porch, and parking for a truck and golf cart.
Property Size400 SF
Price / SF$222.50
Days on Market385
Property Features for 94-84136 Avenue 44
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Additional Details
Multifamily Units
1
Amenities
porch
community gazebo
3 par golf course, chipping green, putting green, 9 hole mini golf
pickleball and tennis courts
bocce ball
indoor shuffleboard courts
2 clubhouses with pools and jacuzzies
4 satellites with pool, jacuzzies and mail boxes
24 hour gate guarded community
Listing Agency:
Power Brokers
(760) 799-9913
Listed By:
Carman Grace-Mills · License #01505655
(760) 799-9913
Source:
Exprealty
Added: Aug 10, 2025
Changed: Aug 24
Last Checked: Aug 28 at 5:38PM
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 Power Brokers
Investment Insights
Based on property information with market context.
This remodeled Fleetwood model offers an open-concept interior with updated flooring and paint. A porch extends the living area outdoors and faces a greenbelt and community gazebo. The property also includes a large parking area for a truck, along with dedicated space in front for a golf cart.
The home is located within a 55+ gated community in Indio with 24-hour guarded access. The community includes 801 lots containing a mix of Park Models and RV lots, with land ownership included. Residents have access to a 3-par golf course, chipping and putting greens, 9-hole mini golf, pickleball, tennis, bocce ball, indoor shuffleboard, clubhouses, pools, jacuzzies, and satellite facilities with additional pools, jacuzzies, and mailboxes. Occupancy is limited to 270 days.
The home is located within a 55+ gated community in Indio with 24-hour guarded access. The community includes 801 lots containing a mix of Park Models and RV lots, with land ownership included. Residents have access to a 3-par golf course, chipping and putting greens, 9-hole mini golf, pickleball, tennis, bocce ball, indoor shuffleboard, clubhouses, pools, jacuzzies, and satellite facilities with additional pools, jacuzzies, and mailboxes. Occupancy is limited to 270 days.
Key Highlights
- Remodeled Fleetwood model with new flooring and paint
- Open‑concept interior with porch facing a greenbelt and community gazebo
- Large parking area for a truck plus front parking for a golf cart
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
7.28%
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 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 92201, CA
66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
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 - Remodeled Fleetwood model with an open layout, private porch, and parking for a truck and golf cart.
Where is this mobile home & rv park located?
The property is located at 94-84136 Avenue 44 Indio, CA.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Remodeled Fleetwood model with new flooring and paint; Open‑concept interior with porch facing a greenbelt and community gazebo; Large parking area for a truck plus front parking for a golf cart
