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    94 Schouweiler Rd Elma, WA 98541

    For Sale
    $2,200,000

    Mobile home community investment opportunity in Elma, Washington.

    Property Features for 94 Schouweiler Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1978

    Source: RE/MAX EXTRA, INC. Agent DON GOETHALS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elma Mobile Home Community Investment

    This mobile home community in Elma, Washington, presents an investment opportunity. Located just off Highway 101, the property consists of two cul-de-sacs. The community includes 16 homes, some of which have garages. Additionally, there are three park-owned units that are currently rented out, as well as two RV sites that are fully occupied. One home within the park is also available for sale. The park is responsible for city water and septic services. There is no common area to maintain. Rent increase notices have been properly served, with new rent amounts scheduled to take effect on December 1, 2023. The total monthly income is projected to be $10,315. One tenant receives free rent in exchange for collecting and overnighting rents, as well as performing minor repairs and paperwork. All rents are currently paid in full and up to date. The tax identification numbers for the property are 723500300000, 723500400000, 723500500000, 723500600000, 723500700000, 723500900000, 723501000000, 723501100000, 723501200000, and 723501300000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Cafe & Coffee Shop Daycare Center Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elma
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.445743
    Latitude
    46.996891

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home community investment opportunity in Elma, Washington.
    Where is this mobile home & rv park located?
    The property is located at 94 Schouweiler Rd Elma, WA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High monthly income of $10,315.; - Great location just off highway 101 in Elma.; - All rents are paid in full and current.
    Request Owner's contact information
    94 Schouweiler Rd Elma, WA 98541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    94 Schouweiler Rd Elma, WA 98541
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