Description
This is the biggest opportunity that Ashford has to offer! This property, as-is, is a near 6% cap rate. There are currently 5 mobile homes, 1 manufactured home, and 1 stick built home on the property with an allocated mobile home slot and a spot to rent to an RV. You can keep the property layout as-is and replace the mobile homes with newer ones to increase the rents, while also rehabbing the manufactured home and the stick built house. Re-development is a HUGE opportunity here as the property is zoned "Village Center" meaning that this 4+ acre parcel can support 12 dwellings, an expanded RV park, mixed-use commercial, and lodging. Just 4 miles from Mt. Rainier National Park and stunning views of the cascades, the opportunities are endless!
Interior Details
- InteriorWall to Wall Carpet
Property Details
- Exterior MaterialsMetal/Vinyl, Wood Products
- Lot DescriptionPaved
- Stories1
Measurements
- Acres4.101
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1968
Material information
- FoundationPoured Concrete, Tie Down
Utilities / Energy Details
- Sewer InformationSeptic Tank
Community and Neighborhood Details
- SubdivisionAshford
Location
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- School DistrictEatonville
- CountyPierce
Financial Details
- Original List Price$700,000
- Taxes Annual$5,254
- Days on Market (Cumulative)97
Other
- MLS #2197818
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-09-18 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Gervon Simon (#NWM121126)
Listing Office: COMPASS (#NWM6652)
Listing Courtesy (Buyer)
Buyer's Agent: Melissa Benz (#NWM97434)
Buyer's Office: Skyline Properties, Inc. (#NWM940)
