23501 Mountain Hwy - Manufactured Housing/Mobile Housing FOR SALE


Spanaway, WA 98387- Elk Plain
$1,920,000 USD
360-546-3341
23501 Mountain Hwy, Spanaway, WA for Sale
$1,920,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | 5% Cap Rate

23501 Mountain Hwy
Spanaway, WA 98387
Elk Plain


HIGHLIGHTS

  • Excellent Opportunity to develop an existing community and bring in new homes.
  • Spanaway is close to both Tacoma and Seattle offering all the attractions and entertainment a major metropolitan area provides.
  • Close proximity to hiking trails and within an hour drive of Mt. Rainier National Park.

OVERVIEW

Sterling Properties Real Estate Services, LLC is pleased to present the exclusive opportunity to acquire Silvercrest Community, a manufactured housing and Recreational Vehicle Community comprised of 15 lots ideally located in near Highway 7 and a short drive to the heart of Spanaway, WA. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for long term tenants.

FOR SALE DETAILS

PRICE

$1,920,000 USD

PRICE/SF

$8 USD /SF

# OF UNITS

15

PRICE/UNIT

$128,000

CAP RATE

5%

% LEASED

56%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silvercrest Community

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.8 AC

LAND SF

252,648 SF

ZONING

RSV5

APN/PARCEL ID

031814-8043

ASK ABOUT THIS PROPERTY

Erik HessSterling Properties Real Estate Services, LLCMore Info
360-546-3341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Erik HessSterling Properties Real Estate Services, LLCMore Info
360-546-3341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.