1018 Monte Elma Rd - Manufactured Housing/Mobile Housing FOR SALE


Elma, WA 98541
$1,250,000 USD
206-478-2380
1018 Monte Elma Rd, Elma, WA for Sale
$1,250,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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1018 Monte Elma Rd
Elma, WA 98541


HIGHLIGHTS

  • A quiet and peaceful place that has not been for sale in decades

OVERVIEW

Oak Acres Estates offers 18 manufactured home lots that are intended for and operated as housing for those who are age 55 or older. All lots are fully occupied and have a consistent history of 100% occupancy, providing reliable income. Each lot is connected to public water and septic. The manufactured homes and lots are attractive and well maintained by its residents who instill pride of ownership in their home and their community. The property was originally developed with and next to the Oaksridge Golf Course and a large open field where deer and elk roam. Oak Acres is a quiet and peaceful place that has not been for sale in decades. Combining a stable tenancy, low expenses, strong income, attractive lots, and a great rural location that remains near whatever its residents may need, this 55+ community offers a rare and valuable long-term investment opportunity that is turnkey ready to be self-managed in a growing Grays Harbor area.

FOR SALE DETAILS

PRICE

$1,250,000 USD

# OF UNITS

18

PRICE/UNIT

$69,444

CAP RATE

6.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Acres Estates

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.97 AC

LAND SF

172,933 SF

ZONING

RR

APN/PARCEL ID

180632130080

ASK ABOUT THIS PROPERTY

Walt OlsenOlsen Properties, LLCMore Info
206-478-2380

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Walt OlsenOlsen Properties, LLCMore Info
206-478-2380

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