115 N Camelot Dr Castle Castle Rock, WA 98611
11-site mobile home community with flexible exit strategies.
Type:Mobile Home Park
- Added:
- Mar 2, 2026
- Days on Market:
- 35
- Last Refresh:
- Mar 16 at 1:47 pm
Property Features for 115 N Camelot Dr Castle
General Information
- Standard status
- Active
- Property subtype
- Mobile Home Park
Listing agent Armand Violi License #SL3452154
Listing office eXp Commercial
Listing date Mar 2, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial
Overview
Camelot MHP Investment Opportunity
Camelot MHP is an 11-site mobile home community located in Castle Rock, Washington. The community features eight park-owned homes, two tenant-owned homes, and one rent-to-own home. The average lot rent is $475 per month. The park-owned homes average approximately $965 per month in home rent, in addition to lot rent. All utilities are direct billed to tenants by the city. Each home sits on its own separate parcel. The investment strategy for Camelot MHP involves continuing to stabilize and optimize park-owned home operations while exploring the optionality created by the separate parcel structure. An investor may consider a long-term hold for cash flow, gradual rent growth, or a potential parcel-by-parcel disposition strategy. The seller is offering favorable seller financing terms, requiring 30% down with a three-year term at 5% interest-only payments. This structure provides attractive leverage, strong cash-on-cash return potential, and reduced reliance on institutional lending. A new investor has the opportunity to acquire a low-overhead community in a supply-constrained Washington market with flexible exit strategies and structured financing designed to enhance returns.
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Cowlitz
- State
- Washington
- Longitude
- -122.91183
- Latitude
- 46.2630242
FAQs
What type of property is this?
Mobile home & RV park - 11-site mobile home community with flexible exit strategies.
Where is this mobile home & rv park located?
The property is located at 115 N Camelot Dr Castle Castle Rock, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Favorable seller financing available: 30% down, 3‑year term, 5% interest‑only payments.; Each home sits on its own separate parcel, offering flexibility for future disposition.; Low‑overhead operation due to direct utility billing to tenants.
