Mobile Home, RV Park,
12525 W Sunset Hwy Airway Heights, WA 99001
12525 W Sunset Hwy, Airway Heights, WA, 99001
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For Sale
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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 Market1106
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
Listing Agency
Real Estate 2000 Corporation
Listed by
Dave Hilbert · License #WA 11415
Source
Crexi
Added: Jul 8, 2023 Checked: Jul 16 at 9:39 am
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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. 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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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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 $3,699,000.
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.
