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    12525 W Sunset Hwy Airway Heights, WA 99001

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    For Sale
    $3,799,900

    51-unit mobile home, RV park, and motel on 4.17 acres.

    Property size:
    2,400 SF
    Lot size:
    4.17 Acres
    Added:
    Jul 11, 2023
    Days on Market:
    1023
    Last Refresh:
    Jan 20 at 7:55 am

    Property Features for 12525 W Sunset Hwy

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    4.17 Acres

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    Listing Contact
    David M. Hilbert

    Listing agent David M. Hilbert

    Listing office Real Estate 2000 Inc.

    Listing date Jul 11, 2023

    Source Exprealty

    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 Real Estate 2000 Inc.


    Overview

    51-Unit Mobile Home & RV Park

    This property features a 51-unit all-seasons mobile home and RV park, along with a motel, situated on 4.17 acres. It includes 15 park-owned single-wide mobile homes, one park-owned double-wide mobile home, 10 RV spaces, and a motel with one single and 23 double rooms. Additionally, there is a 2,400 sq ft warehouse and a used car lot. The property is zoned C1-A, offering redevelopment potential for various uses such as retail, office space, a motel, an automotive center, or restaurants. The maximum building height allowed is 45 feet, with the buyer responsible for verifying development applications. The property benefits from city water and sewer services. Recent upgrades have been made. An adjacent vacant lot is available separately. The location is near Fairchild Air Force Base, Spokane International Airport, and a new Amazon facility. The 2024 Proforma Gross is $761,799 with a Net of $458,818 and a Cap of 12.07%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.584
    Latitude
    47.6417

    FAQs

    What type of property is this?
    Mobile home & RV park - 51-unit mobile home, RV park, and motel on 4.17 acres.
    Where is this mobile home & rv park located?
    The property is located at 12525 W Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $3,799,900.
    What are key features of this property?
    This property features: High Cap Rate: Enjoy a 12.07% cap rate with substantial proforma gross and net income for 2024.; Diverse Income Streams: Property features a combination of mobile home, RV park, and motel units.; Redevelopment Potential: Zoned Commercial C1‑A, allowing for retail, office, motel, automotive center, and restaurants.
    More about this property
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