Parkview Terrace Mobile Home Park (Status: New)
34124, Newport Hwy, Chattaroy, WA 99003
The Mobile Home Park itself is valued at a 6.7 cap rate at $1,350,000. The balance of the commercial property is valued at approx $.90 per sq.ft. Clean and well managed 33 unit Mobile Home Park sitting directly on Newport Highway. Property consists of 18.48 commercial acres, with the mobile home park itself sitting on approx. 10 of those acres. This leaves about 8.48 acres vacant and available for development. Homes are sub-metered and tenants pay for their own water usage. There is a park owned pump house, shop, and garden storage shed, all upgraded with new steel one-piece roofs, insulation & new lighting and heating systems. a 32X32 slab on grade shop is heated with new electric furnace. Roads are paved. and lit with upgraded street lights. All units have an 8X12 storage shed.
Asset Class: Mobile Home Park
Year Built: 1982
Building Total Square Feet: 1024
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: commercial
Listing Courtesy of: Coldwell Banker Commercial
Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.
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