Property Details

21021 Old Hwy 99 SW

Centralia, WA 98531

$2,200,000

Available

CBA# 712807 courtesy of CBA Listing firm: COMPASS

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Commercial

Property Type

3,300

Bldg Sq Ft

Units

1940

Year Built

Property Overview

Investment Sales Group | Compass is pleased to present the Grand Mound MH & RV Park,located at 21021 Old Highway 9 SW in Centralia, Washington, a well-established multifamilyinvestment opportunity priced at $2,200,000. The property consists of 25 units with a mix ofmobile home and RV park spaces. The property generates solid returns with a current netoperating income of $233,775, offering investors a stable cash flow and a projected pre-taxcash flow of $103,161 at current rents.The property features a mix of 25 pads, 10 dry pads with electrical hookups only, six park-ownedhomes, and one stick-built home. It also benefits from essential infrastructure, including well waterwith newly installed equipment, four septic tanks, and a building with two bathrooms, a laundryroom, and an own