Property Details
1907 Olympic Highway N
Shelton, WA 98584
$1,599,900
Active
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Property Overview
Welcome to Mountain View Park, located at 1907 Olympic Highway N, Shelton, WA 98584. $217,392 Gross Proforma, $116,992 Net Proforma, and a 6.496% Proforma Cap Rate. Net income has strong upside potential through sub-metering water and power, passing through garbage expenses, and transitioning to self-management. Current proforma assumes lease-up of vacant units and a 5% rent increase effective March 1, 2026 on 25 occupied units. The park includes 31 total units with city water and sewer: 30 mobile, RV, and cottage rentals, plus an office building with conversion potential. Currently, 25 units are rented, with 5 vacant units available to lease. Some vacant units require improvements before becoming operational. Don’t miss this excellent opportunity to own an income-generating property with significant upside. Please view with discretion and do not disturb tenants. Thank you for your understanding.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Mason
Neighborhood
Mountain View
Listed
Apr 14, 2026
Original Price
$1,799,900
Structure Type
Manufactured House
Parcel Number
320185121003
Building & Use
Exterior & Lot
Lot Size
1.10 sqft
Sewer
Available
Community & Access
Directions
From I-5 S take Exit 104 to US-101 N. Continue, then take SR-3 N. Follow Olympic Hwy N about 5 miles. Property on right at 1907 Olympic Hwy N, Shelton.
Location
City
Shelton
County
Mason
Coordinates
47.22124, -123.12050
Additional Information
Possession
Array
Based on information submitted to the MLS GRID as of June 9, 2026 7:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
