Bought with Fay Ranches-Washington
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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Onalaska
MLS Listing ID 1799192
Sold Date 09/15/21
Style 72 - Mobile Home Park
Annual Tax Amount $3,488
Lot Size 1.730 Acres
Property Description
This is a great investment opportunity! With steller cash flow, this 11 unit manufactured home park sits on 1.73 acres and includes 9 units that are park-owned and leased, and an additional 2 units that pay space rent monthly; several of the homes have had long-term tenants (with rent rates reflecting that). The park is in excellent condition, is professionally managed, and regularly inspected with the owner consistently keeping current on repairs. While currently under-rented, management is actively increasing rents only increasing the value of this purchase!
Location
State WA
County Lewis
Area 434 - Onalaska
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
Building
Sewer Sewer Connected
Water Community
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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