36010 US 2

Sultan, WA 98294

  • Bed

  • Bath

  • 0 SqFt

  • 3 DOM

  • Built: 1963

  • Status: Active

$6,500,000

X

36010 US 2

Sultan 98294

$6500000

  • Bed

  • Bath

  • 0 SqFt

  • 3 DOM

  • Built: 1963

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Wallace River Mobile Home Park offers 64 rental units public water and septic systems. The 41 manufactured home with NO park owned units, lots are fully occupied with a consistent history of 100% occupancy, 16 of the 23 RV spaces are currently rented, providing steady and diversified income with a 7 CAP. The property features about 1,000 feet of frontage along the Wallace River, including a large common park area for residents to enjoy, as well as roughly 1,200 feet of frontage along SR-2 with three convenient highway access points. Combining stable tenancy, strong income and a scenic riverfront setting That has never flooded, this property represents a rare and valuable long-term investment opportunity. Property management in place.

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