1400 30Th St Mount Vernon, WA 98273
172 lots with public utilities and strong occupancy history.
Property Features for 1400 30Th St
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agent: Walter Olsen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Skagit Valley Manufactured Home Lots
Skagit Valley offers 172 manufactured home lots, constructed in 1986 and 1992. The lots are connected to public water and sewer. The property has never been for sale previously. The lots are 100 percent occupied and have remained so in recent history. Rents range from $695 to $740 per month. Tenants pay an additional monthly charge for water, sewer, and trash removal. The 2024 revenues are $1,801,743 and are budgeted at $1,853,343 with this year's rent increase. The NOI for 2024 was $1,113,303. In place NOI with the 2025 rent increase is $1,164.093 (4.5 CAP on 2024's expenses).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Santiago’s painting
Painting
Tomas handyman general ...
Construction Company
Four seasons greenscape
Landscaper
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Skagit
- State
- Washington
- Longitude
- -122.29854
- Latitude
- 48.433368
Nearby Similar for Sale
FAQs
What type of property is this?
Mobile home & RV park - 172 lots with public utilities and strong occupancy history.
Where is this mobile home & rv park located?
The property is located at 1400 30Th St Mount Vernon, WA.
What is the asking price?
The asking price for this property is $25,800,000.
What are key features of this property?
This property features: - 100% Occupancy: Enjoy peace of mind with a history of consistent full occupancy.; - Strong Revenue: Substantial 2024 revenues of $1,801,743, with a budgeted increase to $1,853,343.; - Significant NOI: Current NOI of $1,113,303, projected to increase to $1,164,093 with the 2025 rent increase.