316 2nd W StreetOnalaska, WA98570
$850,000
6 total units
$8,495 annual income
1.73 acres
1041 days on market
VestorFilter™
Price per acre$491.3K/ac
Time on market1041 days
Property Description
This is a great investment opportunity! With steller cash flow, this 11 unit manufactured home park sits on 1.73 acres and includes 9 units that are park-owned and leased, and an additional 2 units that pay space rent monthly; several of the homes have had long-term tenants (with rent rates reflecting that). The park is in excellent condition, is professionally managed, and regularly inspected with the owner consistently keeping current on repairs. While currently under-rented, management is actively increasing rents only increasing the value of this purchase!
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Financial Data
Date Sold2021-09-15
Sold Price$850,000
Original Price$850,000
Current Price$850,000
Property Taxes$3,488
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Home Facts
StatusClosed
MLS IDNWM1799192