51-Unit Mobile Home & RV
For Sale
$3,699,000
12525 W Sunset Hwy, Airway Heights, WA 99001
51-unit mobile home, RV park, and motel on 4.17 acres.
Property Size2,400 SF
Lot Size4.17 Acres
Price / SF$1,541
Days on Market202
Property Features for 12525 W Sunset Hwy
General Information
Standard status
Active
Size
2,400 SF
Lot size
4.17 Acres
Listing Agency:
Real Estate 2000 Inc.
(425) 670-2000
Listed By:
David M. Hilbert
(425) 670-2000
Source:
Exprealty
Added: Jan 26
Changed: Aug 14
Last Checked: Aug 13 at 4:29AM
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.
Investment Insights
Based on property information with market context.
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%.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Demographics for 99001, WA
8,859
Population
2,739
Households
3.2
Avg Household Size
34
Median Age
18%
College-Educated
91%
High-School Grad
8.0 sq mi
ZIP Area
1,107
Density / Sq Mi
$60,182
Median Household Income
$34,200
Median Earnings
$1,271
Median Rent
$281,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
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 $3,699,000.
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.
