$9,000,000
Meadows Mobile Home Park
Listing Type: For Sale
Property Type: Land, Multi-Family
Status: Available
CBA ID#: 676254
1270 E North Bend Way
North Bend, WA 98045

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Commercial Property

Marketing Description:

» 4 acres zoned Neighborhood Business with 400ft of frontage on North Bend way» Incredible expansive views of Mt. Si.» 23 Mobile Homes on eastern half of site (all owned by Seller)» 2 single family homes & one vacant commercial building also onsite. » Full Feasibility Analysis & Income Statement available. » Approximately $325K/year in Net Income. (below market rents)» Ability to Re-Develop entire site or keep mobile home park income and develop western half of site (see example development scenarios attached).» Flexible zoning allows for a wide variety of uses.» Low Operating Expense passive management investment.» Outside 100yr flood plain & no known environmental issues (buyer to verify).» City of North Bend in process of completing sewer capacity project. Great opportunity

Land Features:

  • Lot Size: 177725 SqFt
  • Lot Acreage: 4.08 Acres
  • Zoning: NB

Building Features:

  • Building Size: 1020 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
This Listing Supplied Courtesy of North Shore Realty PartnersLLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity