36010 US 2 new to site Save Request In-Person Tour Request Virtual Tour
Sultan,WA 98294
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Wallace River
MLS Listing ID 2433152
Style 72 - Mobile Home Park
Year Built 1963
Annual Tax Amount $41,418
Lot Size 9.294 Acres
Lot Dimensions 923x602
Property Sub-Type Commercial Industrial
Property Description
Wallace River Mobile Home Park offers 64 rental units public water and septic systems. The 41 manufactured home with NO park owned units, lots are fully occupied with a consistent history of 100% occupancy, 16 of the 23 RV spaces are currently rented, providing steady and diversified income with a 7 CAP. The property features about 1,000 feet of frontage along the Wallace River, including a large common park area for residents to enjoy, as well as roughly 1,200 feet of frontage along SR-2 with three convenient highway access points. Combining stable tenancy, strong income and a scenic riverfront setting That has never flooded, this property represents a rare and valuable long-term investment opportunity.
Location
State WA
County Snohomish
Area 750 - East Snohomish County
Interior
Flooring Vinyl,Carpet
Fireplace false
Exterior
Waterfront Description Medium Bank,River
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
Virtual Tour https://youtu.be/yCrR4aLvors