Sold
Listed By:
Real Estate 2000 Inc. and NWMLS
Sold By:
Real Estate 2000 Inc.
Address
1649 S Campbell Street, Airway Heights, WA
Price
$ 3,600,000
Property Attributes
  • ID#1973256
  • TypeCommercial
  • CountySPOKANE
  • CityAirway Heights
  • Zip99001
  • Style
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.0458 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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.

Price History
7/22/2022 Listed $4,800,000
6/26/2023 7% - $4,500,000
7/18/2023 12% - $3,999,900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 99001

Price
AVG $4M
$3.6M

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