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12525 W Sunset Hwy Airway Heights, WA 99001

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

Type:Hospitality, Mobile Home Park
Property size:
2,400 SF
Lot size:
4.17 Acres
Added:
Jul 8, 2023
Days on Market:
1015
Last Refresh:
Mar 17 at 1:22 pm

Property Features for 12525 W Sunset Hwy

General Information

Standard status
Active
Size
2,400 SF
Lot size
4.17 Acres
Property subtype
Hospitality, Mobile Home Park

Building Details

Year Built
1955

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Listing Contact
Dave Hilbert

Listing agent Dave Hilbert License #WA 11415

Listing office Real Estate 2000 Corporation

Listing date Jul 8, 2023

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 Real Estate 2000 Corporation


Overview

Mobile Home, RV Park, Motel

This property features a 51-unit all-seasons mobile home and RV park, along with a motel, situated on 4.17 acres. The property includes 15 park-owned single-wide mobile homes and one park-owned double-wide mobile home, in addition to 10 RV spaces, one single-room motel unit, and 23 double-room motel units. A 2,400-square-foot warehouse and a used car lot are also located on the premises. The property is commercially zoned C1-A, offering redevelopment potential for retail, office, motel, automotive center, and restaurant uses. The maximum building height allowed is 45 feet. City water and sewer services are available. Recent upgrades include a $40,000 roof replacement on the hotel and the addition of 10 new RV spaces in 2016, a $300,000 new sewer line and hookups to the motel and mobile/RV units in 2017/2018, and a $25,000 road upgrade in 2023. An adjacent vacant lot is available. The property is located close to Fairchild Air Force Base, Spokane International Airport, and a new Amazon facility. Flexible owner financing is available with a large down payment.
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

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  • Local Demand
City
Airway Heights
County
Spokane
State
Washington
Longitude
-117.584239
Latitude
47.6417357

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 $3,799,000.
What are key features of this property?
This property features: High Cap Rate: 12.07% (2024 Proforma) and 13.22% (2023 Actuals) indicate strong income potential.; Significant Net Income: $458,818 (2024 Proforma) and $502,218 (2023 Actuals) demonstrate profitability.; Diverse Income Streams: Combination of mobile home park (16 units), RV spaces (10), and motel (24 rooms) provides multiple revenue sources.
More about this property
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