Contact Information

Mobile Home Park Details

  • Price: $799,900
  • Purchase Method: Cash, Seller Financing
  • Property ID: 989176
  • Posted On: Sep 13, 2018
  • Updated On: Sep 13, 2018

Property Description

Great Mini Mobile Home Park on 8.37 Acres in Beautiful Castle Rock, WA. Four Owned Mobiles Included and Two Leased Spaces. Additional View Acreage Included for Possible Expansion, Horses and Development. Park-like Setting with Terraced Lots Between Units. Blacktop Driveways Through Towering Evergreens Provide a Scenic & Private Setting for Your Tenants. Many Possibilities. Gross Proforma Income: $54,240. Two Miles to I-5 and Castle Rock. Close to County Water for Future Development. 6.29 Cap Rate Proforma on a $50,340 Net. Don't Miss Out on This Awesome Opportunity to Own a Great Property with 6 Rentals. Current Rents Below Market Value.

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Park Information

Number of MH Lots: 6
Total Occupancy: 100.0 %
Year Built: 1971
Average MH Lot Rent: $750
Size: 8.3 acre(s)

Lot Information

Singlewide Lots: 5
Doublewide Lots: 1

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $892

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