Property Details

1907 Olympic Hwy N

Shelton, WA 98584

$1,699,900

Off Market

CBA# 706533 courtesy of CBA Listing firm: Real Estate 2000 Corp.

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Commercial

Property Type

400

Bldg Sq Ft

Units

1960

Year Built

Property Overview

Welcome To Mountain View Park, Located At: 1907 Olympic Highway N. Shelton, WA 98584 $217,392 Gross Proforma, *$116,992 Net Proforma, *6.496% Proforma Cap Rate. The Net Income Can Be Greatly Increased By Sub Metering the Water and Power, Passing Along the Garbage, and Self Managing. *Current Proforma Based Upon Vacant Units Being Filled And 5% Increase on March 1st 2026 On 25 Rented Units.The Park Features *31 Units With City Water and Sewer*30 Mobile, RV, and Cottage Rentals, Plus an Office Building to Convert to a Rental. *25 Units Are Rented Now, With 5 Vacant Units To Be Rented. Some Vacant Units Need Improvements To Be Operational.. *Don't Miss Out On This Awesome Opportunity To Own A Great Investment Property With Upside Income!*Please View With Discretion And Do Not Disturb The