Property Details
10133 183rd Way SW
Rochester, WA 98579
$445,900
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Property Overview
Rare investment opportunity in fast-growing Rochester! This well-maintained 6-lot mobile home park offers strong cash flow with great space rents and a stable tenant base. Low-maintenance operation with consistent occupancy makes this an ideal addition to any investment portfolio. Convenient location with easy access to shopping, schools, and I-5. Plenty of upside potential while enjoying steady income from day one. A hard-to-find smaller park with solid returns and long-term value. Not a better cap rate out there under $500k!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Rochester
Listed
May 20, 2026
Financial Summary
Cap Rate
9.15%
Net Operating Income
$40,829
Gross Scheduled Income
$51,000
Gross Rent Multiplier
9.61
Total Expenses
$2,971
Vacancy Rate
83.0%
Building & Use
Leasable Area
520 sqft
Total Units
6
Zoning
Commercial
Possible Use
Commercial
Year Built
1953
Exterior & Lot
Lot Size
0.37 sqft
Year Built
1953
Exterior Materials
See Remarks
Sewer
Septic Tank
Water Source
Individual Well
Exterior Features
See Remarks
Location
City
Rochester
County
Thurston
Coordinates
46.82126, -123.09605
Additional Information
Tax Year
2025
Annual Taxes
$1,941
Possession
Array
