24835 Hoehn Rd - Manufactured Housing/Mobile Housing FOR SALE


Sedro-Woolley, WA 98284
$9,700,000 USD
24835 Hoehn Rd, Sedro-Woolley, WA for Sale
$9,700,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/4
null | 6.02% Cap Rate

24835 Hoehn Rd
Sedro-Woolley, WA 98284


HIGHLIGHTS

  • 74 Mobile Home Units (All Tenants Owned) plus Quality Remodeled Single Family Home rented out at $3,600/month.
  • Property Built in 1990 on 20 Acre Parcel
  • Current Rents Range $850 with new tenants paying $890/month in addition to submetered Water & Garbage
  • Property is conveniently located with access to Interstate 5, approximately 27 miles from Bellingham and 72 miles from Seattle
  • Ability to add spaces by either removing the large storage building (72x40- 2,880 sq ft) or removing the fruit orchard next to stickbuilt home
  • Park Operates on Private Septic System with each home site supported by its own 1,000-gallon septic tank and drain field

FOR SALE DETAILS

PRICE

$9,700,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

75

PRICE/UNIT

$129,333

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Van Fleet's Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20 AC

LAND SF

871,200 SF

ZONING

CE

APN/PARCEL ID

P39908

ASK ABOUT THIS PROPERTY

William JacksonNorthwest Park BrokerageMore Info

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William JacksonNorthwest Park BrokerageMore Info

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