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Property profile & analytics
FOR SALE
Mobile home & RV parks
3147 W Olive Ave Fresno, CA 93722
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2823333
For Sale
1 / 27
$4,300,000
3147 W Olive Ave, Fresno, CA 93722
View Listing →
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1958
Construction
WOOD
Total area
2,048 SF
Lot
5.68 ac (247,420 SF)
Zoning code
TP
APN
449-090-40
UPID
US09-2823333
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
Current use
Occupant on record · Public records
-
New Horizons Mobile RV Park Campground & RV Park
-
Independent contractor Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.23M
Owner & transaction history
Carousel Mhp LLC · 5 yrs held
Carousel Mhp LLC
since 2020
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
TP · Fresno, 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 Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno 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
$3,480,000
ML approach
$3,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.23M
Range $2.90M – $3.55M · ±10% · vs last sale $2.90M (Nov 17 2020)
Last sale anchor
$2.90M
Nov 17 2020
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
$1,575 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$25,219
Tax year 2023
Assessed value
$1,950,000
Assessed 2023
Previous assessed
$1,950,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$750,000
Applied tax rate
98.0000
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
For Sale
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Units
65
Bathrooms
2
Total area
2,048 SF
Lot
5.68 ac (247,420 SF)
Zoning code
TP
APN
449-090-40
UPID
US09-2823333
Jurisdiction
FRESNO
Zoning & alternative use
TP · Fresno, CA
Zoning TP · permitted uses
TP · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fresno. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
65
Bathrooms
2
Lot
5.68 ac
Current owner
From public records · entity-resolved
Carousel Mhp LLC
Entity
Mailing address
11626 AVONDALE PL NE, REDMOND, WA 98052-2209
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
$2,900,000
Carousel Mhp LLC
Fresno Mobile Park LLC
Special Warranty Deed
$800,000 · Fresno Mobile Park LLC
Oct 24, 2019
—
Fresno Mobile Park LLC
—
Grant Deed
related
$1,650,000 · Coastal Cmnty Bk
Sep 27, 2006
$3,300,000
Fresno Mobile Park LLC
Verburg-bynum Trust
Trustees Deed
$2,002,000 · Union Bank Of California
Sep 1, 2006
$3,300,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$2,002,000 · Union Bank Of California
Oct 3, 2005
—
Verburg-bynum Family Trust
Verburg,rachel
Quit Claim Deed
related
—
—
—
Ho Mobile Home Park Ho
—
Deed Of Trust
related
$246,432 · Walter & Eileen Kramer
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?”
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