34124 N Newport, Chattaroy, WA
Industrial for Sale - $1,689,000
Property Info
CIMLS# | 1041943 |
Location 34124 N Newport Chattaroy WA 99003 | |
Updated | May 20th, 2019 |
Type | Industrial |
Price | $1,689,000 |
Property Description
Clean and well managed 32 unit mobile home park sitting directly on Newport Highway. Property consists of 18.48 commercial acres, with the mobile home park itself sitting on approximately 10 of those acres. This leaves around 8.61 acres of additional vacant land available for development. The mobile home park itself is valued at a 6.7% cap rate at $1,350,000. The balance of the commercial property is value at just $.90 per square foot.