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316 2nd Street W

Onalaska, WA 98570
  • $850,000
  • STATUS: Pending Feasibility
  • ON SITE: 34 days
  • ID#: 1799192
Under Contract
UPDATED: 61 min ago
$850,000
  • 0
    BEDS
  • 1.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Courtesy of Northfork Realty.

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!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-03T19:14:11.413.

www.m4realestategroup.com/homes/118839424
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316 2nd Street W Onalaska, WA 98570

  • Price: $850,000
  • Status: Pending Feasibility
  • Updated: 61 min ago
  • ID#: 1799192
0
Beds
0
Baths
0
½ Baths
1.73
Acres
Neighborhood:
Onalaska
County:
Lewis
Area:
Onalaska/Conebar/Mossyrock/Silv Crk
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!
Exterior Features

Carport YN No Open Parking YN No Parking Total 0 Structure Type Manufactured House Style Code 72 - Mobile Home Park Topography Level

Interior Features

Fireplace YN No Furnished Unfurnished

Property Features

Electric Expense 3100 Electric On Property YN No First Right Of Refusal False Fuel Expense 0 Gross Adjusted Income 80432 Gross Scheduled Income 95520 Insurance Expense 4500 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 76411 Possible Use Commercial Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 3488 Tax Year 2021 Utilities Sewer Connected Water Sewer Garbage 4000 Water Source Community Zoning Class Commercial Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by M4 Group | Columbia Partners Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-03T19:14:11.413.

 
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M4 Group | Columbia Partners Real Estate
24113 N US Highway 101
Hoodsport WA, 98548
Listing Courtesy of Northfork Realty.