Central Valley Mobile Home Park

Sales Price: $1,750,000.00

Sales Price: $1,750,000.00
No. Spaces: 17
Price/Space: $102,941
Property Type: Family
Cap Ratio: 5.3%%
Net Operating Income: $92,805
Lot Size: 2.02 Acres Acres

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Central Valley Mobile Home Park is a quality 17 space family community built in 1960’s located in Pacific, Washington. Property covers 2.02 acres and is serviced by sub-metered Public water & Sewer. Park is 100% occupied with All homes being Tenant Owned.

Mobile home Rents are currently $550 with tenants responsible for Water, Sewer, Garbage & Electric. There is upside in Rents with increase available to put into effect this year.

Pacific lies in highly desirable King County, Washington. Access to the property via State Route 167 that connects to Interstate 405. Pacific is conveniently situated between Seattle (28 miles North) and Tacoma (15 miles South). King County is the most populous county in Washington with population of 2,188,649 and the 13th-most populous in the United States.