Description
Mobile Home Park with 12 tenant owned homes and 2 vacant pads. Park currently pays for Water, Sewer and Garbage. Tenants pay for their own electric usage. The MHP is comprised of 3 adjacent tax parcels along with the Tenant Leases and the WA state license for the MHP. The 2 vacant pads offer a value add opportunity. At the current rents, each pad will bring in $5700/yr offering a boost to the NOI (to $75,896). At the offered 8.6 cap rate, the new value would be $882,511. The total sq ft of the 3 lots included in the sale is 27046 or approximately .62 acres. Note: Listing Broker is Owner/Operator.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing information ©2023 Northwest MLS. Listing courtesy of Agile Property Management Llc.
Sold by .Description
Mobile Home Park with 12 tenant owned homes and 2 vacant pads. Park currently pays for Water, Sewer and Garbage. Tenants pay for their own electric usage. The MHP is comprised of 3 adjacent tax parcels along with the Tenant Leases and the WA state license for the MHP. The 2 vacant pads offer a value add opportunity. At the current rents, each pad will bring in $5700/yr offering a boost to the NOI (to $75,896). At the offered 8.6 cap rate, the new value would be $882,511. The total sq ft of the 3 lots included in the sale is 27046 or approximately .62 acres. Note: Listing Broker is Owner/Operator.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-09-25T08:15:22.857. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-09-25T08:15:22.857. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.