Coldwell Banker Evergreen Olympic Realty
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21619 Old Hwy 99 SW $690,000

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    21619 Old Hwy 99 SW Centralia, WA 98531

    • 8.96 Acres
    • Commercial/Industrial
    Listing# 1409736 | Active

    $690,000

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    Days On Market: 6 3 Views
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    Property Details

    Great Investment Opportunity, 9 unit manufactured home park on approx. 9+/- acres, plus 8 storage units! Exceptional old hwy 99 exposure, just south of Grand Mound. There is an additional unit space with septic already installed for a total of 10 manufactured home units. Several of the homes have had long term tenants and rents reflect that. They are in need of varying degrees of renovations. Huge upside investment potential here.

    • General Features
      • County Thurston
      • Zoning Class See Remarks
      • Zoning Jurisdiction County
      • Style 72-Mobile Home Park
      • Approx Building SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Building Features
      • Exterior See Remarks
      • Foundation See Remarks
      • Roof See Remarks
      • Floor Covering See Remarks
      • Heating and Cooling Wall
    • Property Features
      • Lot Square Footage 390,298
      • Depth of Lot 0
      • Site Frontage 0
      • Expansion Area Y
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Sewer Company Septics
      • Energy Source Electric, See Remarks
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 5
      • Total SqFt Rented 0
      • Total Monthly Rent $4,350
      • Gross Rent Multiplier 13
      • Cap Rate -NOI div LP 6
      • Gross Scheduled Income $52,200
      • Gross Adjusted Income $49,590
      • Total Expenses $0
      • NOI $41,811
      • Electrical Expenses $0
      • Tax Expense $7,279
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2019

    Contact

    Penny Kocan

    Broker

    Coldwell Banker Evergreen Olympic Realty

    Direct: 360-790-6306

    Neighborhood

    98531 (Centralia) Demographics

    36Median Age
    185Population Density (per sq. mile)
    27%College Educated
    $41,745Estimated Median Income
    5,640Estimated Total Home Owners
    4,009Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    25,297Total Population

    Market Last 30 Days

    $228,200 Median Sales Price
    21 Homes Sold
    28 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $690,000
        2/11/2019 8:01:00 AM New in Database Source

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        This property search is part of the Coldwell Banker Evergreen Olympic Realty, Inc. website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Evergreen Olympic Realty, Inc.. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.