Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 5.5%
  • Listing ID: 1571387
  • Posted On: Dec 9, 2021
  • Updated On: Mar 28, 2022

Description

Robbins Nest RV Park is a newly constructed 11 space long-term RV Park located in the City of Longview, Washington. Construction was complete in November 2021. Park is fully occupied. This is the last long-term RV park the city has approved.

This well-located neighborhood park caters to long term tenants for which there is a huge market demand. Robbins Nest is situated on a little over one third acre and has complete shopping and services within walking distance. There are well kept single family home across the street and several parks in the immediate vicinity.

Location

Longview is ideally situated along the I-5 corridor between Seattle, Washington, and Portland, Oregon, offering residents a rural lifestyle with year-round opportunities for recreation. It is the largest city in Cowlitz County with a population of approximately 37,000. Only an hour to the coast and 45 minutes to Portland, Longview is know for its convenient location in the beautiful pacific northwest.

Longview is home to many prominent companies such as Weyerhaeuser, WestRock, J.H. Kelly, Nippon Dynawave Packaging, NORPAC and more. The Port of Longview has eight marine terminals bustling with activity with a wide range of cargo and raw goods.

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Park Information

Year Built: 2021

Financial Information (Pro Forma)

Net Operating Income: $65,000

Lot Information

Singlewide Lots: 11

RV Information

Number of RV Lots: 11
Average RV Lot Rent: $700

Utility Information

Water: City
Sewer: City

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