Parkview Terrace Mobile Home Park
|Catylist Listing ID:
Mobile Home Park
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$51,181.82 Per Unit
|Property Use Type:
||Parkview Terrace Mobile Home Park
||Cash to Seller, Purchase Money Mortgage
Overview / Comments
The Mobile Home Park itself is valued at a 6.7 cap rate at $1,350,000. The balance of the commercial property is valued at approx $.90 per sq.ft.
Clean and well managed 33 unit Mobile Home Park sitting directly on Newport Highway. Property consists of 18.48 commercial acres, with the mobile home park itself sitting on approx. 10 of those acres. This leaves about 8.48 acres vacant and available for development.
Homes are sub-metered and tenants pay for their own water usage. There is a park owned pump house, shop, and garden storage shed, all upgraded with new steel one-piece roofs, insulation & new lighting and heating systems. a 32X32 slab on grade shop is heated with new electric furnace. Roads are paved. and lit with upgraded street lights. All units have an 8X12 storage shed.
Attachments & Media
||1l4 mile fronts Highway 2. Property sits on N Newport Hwy
||Spokane Int'l Airport
||level with some terraced and unobstructed countryside views. Over 75 trees.
paved and lighted streets. Big shop. Each space has its own 8X12 storage unit
||Riverside School is located just across the highway. Property is flat to terraced overlooking unobstructed countryside views. Grocery, dental, and other conveniences nearby.
||In Each Unit
||Electricity, Natural Gas
||commercial with additional building opportunity
||Highway 2 and N Newport Highway
||35-29-Sw1/4 of the Sw1/4 of the Nw1/4 & the Nw1/4 of the Nw1/4 of the Sw1/4; Exc Co Rds (Mt Spokane Mobile Home Park)
© Copyright 2001-2019 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Coeur d'Alene Traders Club nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.