Michael Morrow
Broker

11900 NE 1st St.
Bellevue, WA 98005
Phone: 425-508-2873
Email: morrow50@comcast.net
$2,999,999

3902 255th St E Spanaway, WA 98387

Beds: 0
Baths:
Sq Ft: 0
Type: Commercial/Industrial
MLS#: 890390
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Hi, Michael Morrow.

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Fantastic 9.5% cap rate on this private mobile home Park with 37 units.In excellent condition.Close to growth area.6.57 level acres.Park like setting with 3 Ponds,open areas.Homes in excellent condition.On site manager.Seller wants SOLD !!! Public water is in 255th(buyer/buyers agent to verify). This is a great setting.Home are in very good condition.Over $31,500 per month income

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DescriptionInterior & Exterior Features

Interior Features Include:

Heating:
Source Electric


Exterior Features Include:

Acreage: 6.5700 Acres

Lot:
Square Feet 286360
Road Frontage 0

Garage/Parking:
Uncovered Parking Spaces 0

Other Features Include:

Subdivision: Spanaway

Sewer: 3600


Electrical Expenses 3600
Gross Adjusted Income 0
Gross Rent Multiplier 10
Gross Scheduled Income 378000
Heating Expenses 0
Annual Association Dues 0
Insurance Expenses 11000
Total Monthly NNN 0
Net Operating Costs 340060
Other Expenses 0
Total Assessed Value 0
Total Expenses 37940
Total Monthly Rent 30220
Tax Expense 19740

This Listing is Presented By
5469

Michael Morrow

Work: (425) 508-2873

Fax: 1888 370 4584

Email: morrow50@comcast.net

Nearby Properties For Sale

Listings provided courtesy of Northwest Multiple Listing Service (NWMLS). The three tree IDX icon refers to a listing provided by NWMLS.

Disclaimer: The information contained in this listing has not been verified by the owner of this website and should be verified by the buyer.

 
Michael Morrow
Bellevue
11900 NE 1st St.
Bellevue, WA 98005
Phone: 425-508-2873
Email: morrow50@comcast.net