Listing #:
- 2136775
- Price:
- $3,999,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Mobile Home Park
- # of Acres:
- 4.17
- Year Built:
- 1955
- Comm/Assn:
- Airway Heights
- City:
- Airway Heights
- County:
- Spokane
- State:
- WA
- Zip:
- 99001
- Right of 1st Refusal:
- No
QR Code
Description
Flexible Owner Financing With Large Down Payment. 2023 Financials; Gross: $767,037, Net: $461,898, Cap: 11.6%. ***2024 Proforma; Gross: $805,389, Net: $484,993, Cap: 12.1%. 51 Unit All Seasons Mobile Home & Rv Park And Motel On 4.17 Acres. This Includes 15 Park Owned Single Wides And One Park Owned Double Wide, 10 Rv Spaces, One Single And 23 Double Room, Motel. 2,400 Sq Ft Warehouse, And Used Car Lot. Zoned C1-a. Redevelopment Potential For Retail, Office, Motel, Restaurants And More! Buyer And Buyers Agent To Verify Development Applications. City Water And Sewer. Recent Upgrades: $40,000 Roof On Hotel And 10 New Rv Spaces Added In 2016, $300,000 New Sewer Line And Hookups To Motel And Mobile/rv Units In 2017/2018, $25,000 Road Upgrade.
Property Features
- Cap Rate:
- - 11.6
- Gross Scheduled Income:
- - $767,037.00
- Net Operating Income:
- - $461,898.00
- Approx. Building Sq.Ft.:
- - 22,880.00
- Style Code:
- - 72 - Mobile Home Park
- Zoning Class:
- - Commercial
- Zoning Jurisdiction:
- - County
- Parcel Number:
- - 15261.6001
- Possible Use:
- - Commercial
- :
- - Sewer Connected
- Structure Type:
- - Manufactured House
- Water Source:
- - Public
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