Property Details
21021 old highway 9 SW
Centralia, WA 98531
$2,200,000
Pending Feasibility
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Property Overview
Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Feasibility
County
Lewis
Neighborhood
Grand Mound
Listed
May 12, 2026
Financial Summary
Cap Rate
10.63%
Net Operating Income
$233,775
Gross Scheduled Income
$330,888
Gross Rent Multiplier
6.65
Total Expenses
$64,024
Vacancy Rate
10.0%
Building & Use
Building Sq Ft
89,289
Total Units
25
Zoning
See Remarks
Possible Use
See Remarks
Lot Size
2.05 acres
Year Built
1940
Exterior & Lot
Lot Size
2.05 sqft
Year Built
1940
Exterior Materials
See Remarks
Parking
RV Parking
Sewer
Septic Tank
Exterior Features
See Remarks
Location
City
Centralia
County
Lewis
Coordinates
46.78267, -123.01186
Additional Information
Tax Year
2026
Annual Taxes
$5,415
Possession
Array
Based on information submitted to the MLS GRID as of May 21, 2026 9:30 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.
