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$549,990
2545130 MLS ⋅ ACTIVE Status
Now Offering Owner Financing 30% down 7% interest rate Balloon payment due in 2 years! Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.

20106 2nd Avenue E, Spanaway

Listing courtesy of Every Door Real Estate.

$4,000,000
2409874 MLS ⋅ SOLD Status
Enchanted Firs a 48 Space 55+ mobile home park and a single family home on 8 Acres Park is in a good location close to shopping and bus lines. Same owner for over 20 years with all long term tenants that are all current on rents. Park has its own community well and septic. well maintained with carports and and there is a RV parking lot. All roads are paved and in good condition. The home that is included is a 3 bedroom 2 bathroom 1480 Sf that has just been remodeled and is rented out. Please do NOT disturb the tenants it is ok to do a drive through. Property is being managed by a management company that does all the collecting of rents & maintenance. There is also an on site manager that has been there for years and does a great job.

20709 10th Ave E, Spanaway

Listing courtesy of RE/MAX Extra Inc.. Selling Office: RE/MAX Extra Inc..

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