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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
3940 Spg Vly Rd Clearlake Oaks, CA 95423-9408
Individually Owned
4-yr Hold
Property ID
US09-0002599
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2019
Total area
1,056 SF
Lot
0.41 ac (17,859 SF)
Zoning code
SR
APN
062-041-010-000
UPID
US09-0002599
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
Michael Truscott · 4 yrs held
Michael Truscott
since 2022
Last sale
$224,000
7 recorded transactions
Zoning & alternative use
SR · Clearlake Oaks, 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 Clearlake Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearlake Oaks 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
$2,614
Tax year 2024
Assessed value
$233,049
Assessed 2024
Previous assessed
$233,049
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$36,414
Assessed improvement
$196,635
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2019
Heating
NONE
Cooling
CENTRAL
Rooms
7
Bathrooms
2
Total area
1,056 SF
Lot
0.41 ac (17,859 SF)
Zoning code
SR
APN
062-041-010-000
UPID
US09-0002599
Jurisdiction
LAKE
Zoning & alternative use
SR · Clearlake Oaks, CA
Zoning SR · permitted uses
SR · Clearlake Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clearlake Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Cooling
Yes
Rooms
7
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Michael Truscott
Individual
Mailing address
3940 SPG VLY RD, CLEARLAKE OAKS, CA 95423-9408
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$224,000
Michael Truscott
Bonnie Hord
Grant Deed
$179,128 · Caliber Home Loans INC
May 5, 2022
—
Bonnie Hord
Bonnie Hord
Affidavit Of Death Of Joint Tenant
related
—
Apr 2, 2019
—
Bonnie Hord
Bonnie Hord
Intrafamily Transfer
related
$152,800 · United States Small Business Admin
May 29, 2018
$83,000
Bonnie G Hord
Watson,jacob & James
Grant Deed
—
May 29, 2018
—
Jacob Watson
Watson,kathryn
Quit Claim Deed
related
—
Mar 6, 2018
$28,050
Jacob Watson
Integrated Lender Svcs In|gray,clinton J
Trustees Deed
—
Sep 27, 2013
$50,000
Clinton J Gray
Gray,zane W
Grant Deed
related
$28,800 · Gray Z & D Family Trust (pt)
Jun 7, 2013
—
Francis J Gray
Gray,zane J
Affidavit Of Death
related
—
Feb 22, 2012
—
Frances Gray
Gray,zane J
Affidavit Of Death
related
—
Mar 9, 2005
$119,000
Francis J Gray
Roy R Peters
Grant Deed
$94,719 · American General Financial Services
Mar 9, 2005
—
Roy R Peters
Delashmutt,loretta
Grant Deed
related
—
Jul 5, 1996
$17,000
Roy R Peters
Lindsey,elso W & June V
Grant Deed
—
Apr 10, 1996
$20,626
Eldo W Lindsey
Moyle,dorothy
Trustees Deed
—
Mar 28, 1996
—
Elmo Lindsey
Russ,craig W & Dawn
Quit Claim Deed
related
—
Nov 14, 1995
—
Craig W Russ
Moyle,dorothy
Quit Claim Deed
related
—
Apr 5, 1994
—
Dorothy Moyle
Russ,craig W & N
Quit Claim Deed
related
—
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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