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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
6984 Hammond Ave, Upper Lake, CA 95485-8757
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2940681
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1990
Total area
1,080 SF
Lot
0.21 ac (9,147 SF)
Zoning code
R1
APN
031-053-390-000
UPID
US09-2940681
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
Lester P Erickson · 6 yrs held
Lester P Erickson
since 2020
7 recorded transactions
Zoning & alternative use
R1 · Upper Lake, 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 Upper Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upper Lake 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
$1,863
Tax year 2024
Assessed value
$134,020
Assessed 2024
Previous assessed
$134,020
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$42,886
Assessed improvement
$91,134
Applied tax rate
68.0000
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
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
1,080 SF
Lot
0.21 ac (9,147 SF)
Zoning code
R1
APN
031-053-390-000
UPID
US09-2940681
Jurisdiction
LAKE
Zoning & alternative use
R1 · Upper Lake, CA
Zoning R1 · permitted uses
R1 · Upper Lake, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Upper Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Lester P Erickson
Individual
Mailing address
PO BOX 670, NICE, CA 95464-0670
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2020
$125,000
Lester P Erickson
Romeyn Michael G Trust
Grant Deed
$105,000 · Romeyn Michael G Trust (pt)
May 20, 2019
—
Romeyn,michael G Trust
Romeyn,michael G
Quit Claim Deed
related
—
Nov 8, 2016
$65,000
Michael G Romeyn
Meirs,william M & Christine A
Grant Deed
—
May 6, 2013
—
Louis M Bettencourt
Bettencourt,lois J
Affidavit Of Death
—
Dec 22, 2005
$100,000
William M Meirs
Bettencourt,louis
Grant Deed
$120,000 · Louis M & Lois J Bettencourt
Jun 5, 2003
$70,000
Louis M Bettencourt
Taylor,lorraine I
Grant Deed
—
Jan 1, 1990
—
Taylor,lorraine I
—
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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