Investor Opportunity - Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.
| MLS # | 2546792 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 80 |
| Listing Provided By | Every Door Real Estate | Indy Basra |
| SQ Feet | 1,200 |
|---|---|
| Story(s) | 1 |
| Acreage | 1.43 |
| Property | 3131 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Spanaway |
| Zip Code | 98387 |
| Area | 99 Spanaway |
| Community Name | Spanaway |
| Listing VS Median (in Spanaway) | |
Price: $520,000 low | high Med: $502,500 sqft: 1,200 low | high Med: 1,974 $ / sqft: $433 low | high Med: $255 On site: 80 low | high Med: 145 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Spanaway |
| Zip Code | 98387 |
| Area | 99 Spanaway |
| Community Name | Spanaway |
| Listing VS Median (in Spanaway) | |
Price: $520,000 low | high Med: $502,500 sqft: 1,200 low | high Med: 1,974 $ / sqft: $433 low | high Med: $255 On site: 80 low | high Med: 145 | |