Bought with Real Estate 2000 Inc.
$3,600,000
$3,999,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
1649 S Campbell ST Airway Heights, WA 99001
4.05 Acres Lot
Key Details
Sold Price $3,600,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Airway Heights
MLS Listing ID 1973256
Sold Date 12/19/23
Style 72 - Mobile Home Park
Lot Size 4.046 Acres
Property Description
Check Out This Awesome 36 Unit Mobile Home Park In Airway Heights, Washington. 4.05 Acres Including 33 Great Park Owned Units, 1 Mobile Space Rental, 2 RV Space Rentals. $513,900 Gross Proforma Income, $389,200 Net Proforma Income And 9.73% Proforma Cap Rate. $362,280 Actual Gross Income, $262,580 Actual Net Income And 6.60% Cap Rate. Extremely Low Current Rents With Unlimited Potential To Increase The Gross Income. Close To Parks, Shopping, Spokane International Airport, Restaurants, Casinos And Spokane Metropolitan Area.
Location
State WA
County Spokane
Area 561 - Spokane County
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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