Contact Information

Mobile Home Park Details

  • Price: $2,650,000
  • Purchase Method: Cash
  • Cap Rate: 8.7%
  • Property ID: 1726355
  • Posted On: Aug 2, 2022
  • Updated On: Oct 28, 2022

Property Description

Awesome 33 Unit Mobile Home Park In Chattaroy, Washington. 20 Miles North of Spokane. 33 Mobile Spaces, All Large Enough For Double-Wides, 2 large Shop Rentals Available. A 8.68% Proforma Cap Rate. All Tenant Owned Mobiles Sit On 13.44 Beautiful Acres. Nicely Landscaped, Blacktop Roads, Public Water, Power and Gas. Large Lots With Underground Utilities. Current Rents Below Market. Close To Medical, Grocery, Schools and Shopping. Don't Miss Out On this Great Opportunity To Own A Well Kept Park With Great Upside In Growing Spokane County With Over 500,000 Population!

***Showing By Appointment Only. Please Call Listing Broker***

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Park Information

Community Type: All Age

Financial Information (Pro Forma)

Gross Income $259,134
Operating Expense $29,215
Net Operating Income $229,919
Expense Ratio 11.3 %
Debt Info

Utility Information

Water: City
Sewer: Septic

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