Parkview Terrace Mobile Home Park (Status: Pending) 2299000

34124, Newport Hwy, Chattaroy, WA  99003

Awesome 33 Unit Mobile Home Park In Chattaroy, Washington. MOTIVATED SELLER Currently In A 1031 Exchange. 20 Miles North of Spokane. 33 Mobile Spaces, All Large Enough For Double-Wides, 2 large Shop Rentals Available. Approximately 30 Miles To Fairchild Air Force Base Employing 5,200 And New Amazon Distribution Center Employing 4,000. Gross Proforma Income With Rent Increases of $260,094 Net Proforma Income of $220,094 With A 9.57% Proforma Cap Rate. All Tenant Owned Mobiles Sit On 13.44 Beautiful Acres. Nicely Landscaped, Blacktop Roads, Public Water, Power and Gas. Large Lots With Underground Utilities. Current Rents $200 Below Market. Close To Medical, Grocery, Schools and Shopping. Don’t Miss Out On this Great Opportunity To Own A Well Kept Park With Great Upside In Growing Spokane Cou

Listing Details

Asset Class: Land
Year Built: 1982
Building Total Square Feet: 1024
Available Lease Space Square Feet: 585664
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: commercial

Listing Courtesy of: Real Estate 2000 Corp.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.