Property Listing No Longer Available for Sale

34124 N Newport, Chattaroy, WA

Industrial for Sale - $1,689,000


Property Info

CIMLS#1041943
Location
  34124 N Newport
  Chattaroy WA 99003
UpdatedMay 20th, 2019
TypeIndustrial
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.


Financials