75 Space Family Park, Yakima Valley, WA

Sales Price: $205,500,000.00

Sales Price: $205,500,000.00
No. Spaces: 75
Price/Space: $34,000
Property Type: Mobile Home Park
Cap Ratio: %
Net Operating Income: $
Lot Size: Acres

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~Principles Only~Town & Country Estates is a 75 space family park located in Yakima, WA. The property covers approximately 10 acres. There are currently three park owned contracts plus a doublewide, the managers’ home is included in the sale. There are three contract sales, which balances total $62,922. Rents are $300 effective since 6/1/2011 and tenants are responsible for all utilities (including water/sewer/garbage). The park is serviced by public water and sewer and all spaces are individually metered. Location, Location, Location, can’t get much better. The park built was originally built in 1976 and has been professionally maintained.

Yakima Valley is Washington’s premium wine region that now offers more than 50 different wineries and tourist attractions in the area. Although it is a relatively young wine industry, it is now the nation's second largest wine producer and is ranked among the world's top wine regions. Washington wines are found nationally in all 50 states and internationally in more than 40 countries.

Washington's wine industry generates more than $3 billion to the state economy. It employs more than 14,000 people, directly and indirectly, with projections to add nearly 2,000 more jobs. In terms of tax revenues accrued to the state and federal government, wine grapes are among the highest tax generators of any agricultural crops. Furthermore, Washington wine tourism attracts nearly two million visitors annually contributing to the positive growth of local and regional economies.

The Yakima Valley is located in south central Washington and is within a 200 mile radius of most Pacific Northwest markets and ports. From Yakima the population base is 250,000 within a 35 mile radius, growing to 450,000 within a 100 mile radius and 7 million within a 200 mile radius.