34124 N Newport Hwy

    Chattaroy, WA 99003
    • $1,689,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 201912765
    UPDATED: 18 min ago
    $1,689,000
    • 0
      BEDS
    • 18.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1982
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Clean and well managed 32 unit mobile home park sitting directly on Newport Highway. Property consists of 18.48 commercial acres, with the mobile home park itself sitting on approximately 10 of those acres. This leaves around 8.61 acres of additional vacant land available for development. The mobile home park itself is valued at a 6.7% cap rate at $1,350,000. The balance of the commercial property is value at just $.90 per square foot.

    Monthly Payment Calculator

    © 2019 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data 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. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2019-04-18T12:20:38.857.
    www.roseodell.com/homes/92847771

    34124 N Newport Hwy Chattaroy, WA 99003

    • Price: $1,689,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 201912765
    0
    Beds
    0
    Baths
    0
    ½ Baths
    18.48
    Acres
    1982
    Built
    Neighborhood:
    A542/104
    County:
    Spokane
    Area:
    A542/104
    School District:
    Riverside
    Property Description
    Clean and well managed 32 unit mobile home park sitting directly on Newport Highway. Property consists of 18.48 commercial acres, with the mobile home park itself sitting on approximately 10 of those acres. This leaves around 8.61 acres of additional vacant land available for development. The mobile home park itself is valued at a 6.7% cap rate at $1,350,000. The balance of the commercial property is value at just $.90 per square foot.
    Exterior Features

    Access Public Road Exterior Metal Garage Size Other Lot Information TreedSecludedOpenFenced Lot View Territorial Outbuildings ShopStorage Shed Roof Metal

    Interior Features

    Basement None

    Property Features

    Business Opportunity Yes Heat Cooling Elec Lease Yes Real Property Yes Site Improvements Septic SystemWell InstalledPrivate Water Terms ConvCashExchCommercial

    Listing provided courtesy of Coldwell Banker Schneidmiller.
    © 2019 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data 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. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2019-04-18T12:20:38.857.
     
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