Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.5%
  • Listing ID: 470553
  • Posted On: Sep 12, 2014
  • Updated On: Feb 27, 2015

Description

CASH FLOW OPPORTUNITY!! The savvy investor will appreciate the fact that the assets are being offered at an attractive CAP rate based on stabilized rents. These are 1.5 star mobile home parks in a developing area close to new businesses, including the West Spokane Industrial Park.

Airway Heights, Washington was incorporated in 1955. The city, located in Eastern Washington just six miles west of Spokane, is a dynamic, growing city with business, recreation, and housing opportunities. A substantial portion of the legal expenses is due to the owner's legal fees associated with Proposition 1 which was defeated by the voters.

In support of the City of Airway Heights Comprehensive Plan, the Highway SR 2 Revitalization committee is dedicated to involving the community in developing a business corridor that is vibrant, appealing and pedestrian friendly for residents, as well as visitors that utilize it daily.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 90
Year Built: 1982
Size: 11 acre(s)

Utility Information

Water: City
Sewer: Septic

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