Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,110,000
Mobile home & RV parks
16400 Bubbling Wls Rd Desert Hot Springs, CA 92240-9555
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3619370
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
36.33 ac (1,582,534 SF)
Zoning code
W2
APN
657-190-020
UPID
US09-3619370
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.11M
Owner & transaction history
Sands Rv & Golf Resort F LLC · 3 yrs held
Sands Rv & Golf Resort F LLC
since 2022
Last sale
$14.9M
7 recorded transactions
Zoning & alternative use
W2 · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,545,000
ML approach
$10,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.11M
Range $13.60M – $16.62M · ±10% · vs last sale $14.90M (Oct 6 2022)
Last sale anchor
$14.90M
Oct 6 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$134,611
Tax year 2024
Assessed value
$10,908,900
Assessed 2024
Previous assessed
$10,908,900
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,366,000
Assessed improvement
$7,542,900
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Units
507
Lot
36.33 ac (1,582,534 SF)
Zoning code
W2
APN
657-190-020
UPID
US09-3619370
Jurisdiction
RIVERSIDE
Zoning & alternative use
W2 · Desert Hot Springs, CAZoning W2 · permitted uses
W2 · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
507
Lot
36.33 ac
Current owner
From public records · entity-resolved
Sands Rv & Golf Resort F LLC
Entity
Free & Clear · 3 yrs held
Mailing address
301 S SIGNAL BUTTE RD, APACHE JUNCTION, AZ 85120-4501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
$14,895,000
Sands Rv & Golf Resort F LLC
Sun Sands Rv Resort LLC
Grant Deed
—
Jul 10, 2018
—
Norton S Karno
Karno,loretta
Quit Claim Deed
related
—
Jul 10, 2018
$14,250,000
Sun Sands Rv Resort LLC
Sukert Family Trust
Grant Deed
—
Apr 21, 2015
$9,556,000
Karno,norton S|sukert Family Trust
Aph-sands Ptshp
Grant Deed
—
Apr 21, 2015
—
Norton S Karno
Karno Loretta
Quit Claim Deed
related
—
May 21, 2007
—
Aph-sands Ptshp
Princess-la Sierra LLC
Grant Deed
—
Aug 16, 2006
$11,000
Aph-sands
Sands Rv LLC
Grant Deed
$5,800,000 · La Jolla Bank
Jun 16, 2004
$5,000,000
Sands Rv LLC
Roberts,tr
Grant Deed
$3,500,000 · La Jolla Bank
Jan 8, 2004
—
Roberts,tr
Roberts,tr
Quit Claim Deed
related
$2,500,000 · La Jolla Bank
—
—
Roberts R C
—
Deed Of Trust
related
$355,000 · Sun America Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16400 Bubbling Wls Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
