Mobile Home Park with 12 tenant owned homes and 2 vacant pads. Park currently pays for Water, Sewer and Garbage. Tenants pay for their own electric usage. The MHP is comprised of 3 adjacent tax parcels along with the Tenant Leases and the WA state license for the MHP. The 2 vacant pads offer a value add opportunity. At the current rents, each pad will bring in $5700/yr offering a boost to the NOI (to $75,896). At the offered 8.6 cap rate, the new value would be $882,511. The total sq ft of the 3 lots included in the sale is 27046 or approximately .62 acres. Note: Listing Broker is Owner/Operator.
