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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
16740 Morro Rd, Atascadero, CA 93422
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1988607
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
960 SF
Lot
81.07 ac (3,531,306 SF)
Zoning code
RL
APN
046-221-055
UPID
US09-1988607
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Truhitte Family Trust · 8 yrs held
Truhitte Family Trust
since 2017
7 recorded transactions
Zoning & alternative use
RL · Atascadero, 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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$5,776
Tax year 2024
Assessed value
$522,628
Assessed 2024
Previous assessed
$522,628
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$369,914
Assessed improvement
$152,714
Applied tax rate
112.0000
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
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Rooms
2
Bathrooms
4
Total area
960 SF
Lot
81.07 ac (3,531,306 SF)
Zoning code
RL
APN
046-221-055
UPID
US09-1988607
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RL · Atascadero, CA
Zoning RL · permitted uses
RL · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atascadero. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Rooms
2
Bathrooms
4
Lot
81.07 ac
Current owner
From public records · entity-resolved
Truhitte Family Trust
Trust
Mailing address
PO BOX 206, MORRO BAY, CA 93443-0206
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2017
—
Truhitte Family Trust
Truhitte,don L & Lori A
Quit Claim Deed
related
—
Nov 25, 1998
—
Don L Truhitte
Truhitte,don L & Lori J
Quit Claim Deed
related
$66,000 · Individual
Sep 1, 1989
$2,000
Arnold F Cornett
Benezra,neal
Quit Claim Deed
related
—
Sep 1, 1989
$112,000
Don Truhitte
Cornett,arnold F
Trustees Deed
related
$59,500
Sep 1, 1989
$27,000
Laura Cornett
Cornett,arnold F
Trustees Deed
related
—
—
—
Don L Truhitte
—
Deed Of Trust
related
$100,000 · Richard & Susan M Burchell
—
—
Don L Truhite
—
Deed Of Trust
related
$249,900 · Wells Fargo Home Mortgage INC
—
—
Don Truhitte
—
Deed Of Trust
related
$14,200 · Cornett Arnold F
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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