Listed by: Evelyn Blanks, RE/MAX TIME REALTY
$125,000
●
Mobile Manufactured -
Off Market
1241 Western Drive
San Jacinto, CA 92583
2 Beds
1 Bath
550 Ft²
$839
Est. Monthly
$200
HOA / Fees
18.00%
Cap Rate
About This Property
Don't miss our on this lucrative Investment Opportunity by owning
the land in San Jacinto's 55+ Community. Unlock the potential
for lucrative returns with this exceptional investment opportunity
in this mobile home, where you own the land and presents a rare
chance for savvy investors to capitalize on the growing demand for
senior living accommodations. Acquire a valuable asset with
land ownership in San Jacinto's esteemed 55+ community. This
investment offers long-term stability and appreciation potential,
free from the uncertainties of lease agreements.
Cater to the ever-expanding demographic of retirees and seniors seeking comfortable and convenient living arrangements. Capitalize on the consistent demand for housing options tailored to the 55+ age group.
Generate passive income through rental opportunities within the thriving senior living market. With a high demand for quality accommodations, this property offers the potential for attractive rental yields and steady cash flow.
Enjoy the benefits of low-maintenance ownership, as mobile homes typically require less upkeep compared to traditional single-family homes. Maximize your returns with minimal hassle and expense.
Situated in San Jacinto's desirable 55+ community, this property offers proximity to essential amenities, recreational facilities, and healthcare services, enhancing its appeal to potential tenants and investors alike.
Community Amenities: Enhance the property's marketability with access to community amenities such as clubhouse facilities, social activities, and leisure opportunities tailored to the needs and preferences of senior residents.
Don't miss your chance to capitalize on the burgeoning demand for senior living accommodations in San Jacinto's thriving 55+ community. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer looking for a lucrative opportunity, this mobile home with land ownership offers the perfect blend of stability, income potential, and long-term value. Seize this investment opportunity today and reap the rewards of owning a piece of San Jacinto's lucrative real estate market.
Cater to the ever-expanding demographic of retirees and seniors seeking comfortable and convenient living arrangements. Capitalize on the consistent demand for housing options tailored to the 55+ age group.
Generate passive income through rental opportunities within the thriving senior living market. With a high demand for quality accommodations, this property offers the potential for attractive rental yields and steady cash flow.
Enjoy the benefits of low-maintenance ownership, as mobile homes typically require less upkeep compared to traditional single-family homes. Maximize your returns with minimal hassle and expense.
Situated in San Jacinto's desirable 55+ community, this property offers proximity to essential amenities, recreational facilities, and healthcare services, enhancing its appeal to potential tenants and investors alike.
Community Amenities: Enhance the property's marketability with access to community amenities such as clubhouse facilities, social activities, and leisure opportunities tailored to the needs and preferences of senior residents.
Don't miss your chance to capitalize on the burgeoning demand for senior living accommodations in San Jacinto's thriving 55+ community. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer looking for a lucrative opportunity, this mobile home with land ownership offers the perfect blend of stability, income potential, and long-term value. Seize this investment opportunity today and reap the rewards of owning a piece of San Jacinto's lucrative real estate market.
Unit Size
550 Ft²
Days on Market
137 days
Land Size
0.04 acres
Price per sqft
$236
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$200
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #CV24092705)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by RE/MAX TIME REALTY | $130,000 | |
| Listed by RE/MAX TIME REALTY | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About River
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Listed by: Evelyn Blanks, RE/MAX TIME REALTY
Last Updated: 3 years ago
Data Source: CRMLS, MLS# CV24092705
Last Updated: 3 years ago
Data Source: CRMLS, MLS# CV24092705
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