Skip To Content

    316 2nd Street W

    Onalaska, WA 98570
    • $850,000
    • STATUS: Pending Feasibility
    • ON SITE: 24 days
    • ID#: 1799192
    Under Contract
    UPDATED: 149 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!

    Monthly Payment Calculator



    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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-24T00:15:46.37.

    www.frontstreetrealty.com/homes/118839424
    Print Image

    316 2nd Street W Onalaska, WA 98570

    • Price: $850,000
    • Status: Pending Feasibility
    • Updated: 149 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 Front Street Realty 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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-24T00:15:46.37.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1799192-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1799192-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1799192-1.jpg
    Logo
    Front Street Realty
    22 NW Front Street Suite B
    Coupeville WA, 98239
    Listing Courtesy of Northfork Realty.