3920 E Center Rd - Commercial LAND FOR SALE


Mead, WA 99021 583,268 SF
$7,100,000 USD
3920 E Center Rd, Mead, WA for Sale
$7,100,000 USD
Commercial LAND - FOR SALE
1/6
583,268 SF

3920 E Center Rd
Mead, WA 99021


HIGHLIGHTS

  • 70 Manufactured Home Units (All Tenants Owned) plus Single Family Home rented out at $1,200/month.
  • Current Rents Range $600 New tenant rents at $700, with approximately 3–4 home sites turning over annually
  • Park Operates on City Water & Private Septic System
  • Unused area inside Mead MHC where buyer could add approximately 7–8 additional home sites or use area as a secure gated dry storage area
  • Property is located in Spokane County, 2nd largest county in Washington state with 237,000 residents inside city limits

OVERVIEW

Mountain View & Mead Mobile Home Communities offer the opportunity to purchase two adjacent all-age manufactured housing communities located in Mead, Washington. The combined offering includes 70 manufactured home spaces plus one single-family residence across two neighboring properties in Spokane County. Mead Park, located at 3925 E Farwell Road, contains 49 tenant-owned manufactured home spaces and one single family home. Mountain View Mobile Home Community, located at 3920 E Center Road, contains 21 tenant-owned manufactured home spaces. Both properties lie next to each other, creating operational efficiency and a strong combined community presence. The properties are positioned on approximately 11.89 acres and are serviced by city water and private septic systems. The communities were originally developed in the late 1970s and serve the Mead / North Spokane residential market. The offering also includes potential upside through continued rent growth, operational improvements, and possible additional use of underutilized land. Mead Park includes an interior area that may allow for approximately 7–8 additional home sites depending on final site planning, setbacks, and applicable approvals. Another potential strategy may include a secure gated dry storage area for tenant vehicles, RVs, boats, or outside storage demand.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/ACRE

$530,246/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Mead Park & Mountain View MHC

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Manufactured Homes/Mobile Home Park

LAND ACRES

13.39 AC

LAND SF

583,268 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

UR

APN/PARCEL ID

36034.6001,36034.6101

ASK ABOUT THIS PROPERTY

William JacksonNorthwest Park BrokerageMore Info

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

William JacksonNorthwest Park BrokerageMore Info

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