- Listing #:
- 2225314
- Price:
- $1,165,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Mobile Home Park
- # of Acres:
- 2.09
- Year Built:
- 1950
- Comm/Assn:
- Centralia
- City:
- Centralia
- County:
- Lewis
- State:
- WA
- Zip:
- 98531
- Right of 1st Refusal:
- No
QR Code
Description
Here is your opportunity to own your own mobile home park! All four parcels total a 55 and older mobile park and two houses! Tenants own their own mobile homes and pay space rent. One house is currently rented and one house is in need of repairs. Fix it up and rent it as well, sell it off or tear it down and expand the park? There are 11 current pad sites -9 spaces currently rented, 2 spaces vacant. There is a large gap in the park where a house once was- put in more pad spaces? Detached shop was once a rented studio apartment that has since been gutted - could be torn down for an additional pad site as well. Tons of potential here!
Property Features
- Cap Rate:
- - 0.02
- Cooling Y/N:
- - Yes
- Exterior Features:
- - See Remarks
- Foundation Details:
- - See Remarks
- Gross Scheduled Income:
- - $78,924.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $870.00
- Net Operating Income:
- - $25,903.00
- Gross Adjusted Income:
- - 62184
- Gross Rent Multiplier:
- - 14.76
- Style Code:
- - 72 - Mobile Home Park
- Total Expenses:
- - 36280.34
- Vacancy Rate:
- - 18
- Water Sewer Garbage:
- - 18542.53
- Zoning Jurisdiction:
- - See Remarks
- Other Expense:
- - 9687.98
- Parcel Number:
- - 003682026006
- :
- - Sewer Connected
- Structure Type:
- - Manufactured House
- Annual Tax Amount:
- - $7,179.83
- Tax Year:
- - 2023
- Total Actual Rent:
- - 5647
- Water Source:
- - Public