Five-Parcel Mobile Home
For Sale
$899,000
1566 SW Old Clifton Road, Port Orchard, WA 98367
Five manufactured homes include individual septic systems and shared Group B water service in a private setting near town amenities.
Property Size4,568 SF
Lot Size4.54 Acres
Price / SF$196.80
Days on Market624
Property Features for 1566 SW Old Clifton Road
General Information
Standard status
Active
Size
4,568 SF
Lot size
4.54 Acres
Property subtype
Multi-Family
Net Operating Income
$78,900
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$8,021
Amenities
Laminate,Vinyl,Carpet
Yes
No
1
Electric
Community
Outbuildings
4.54
Metal/Vinyl
Tie Down
4568
10
Building Details
Building Size
4,568 SF
Year Built
1979
Stories
1
Listing Agency:
RSVP Brokers ERA
(541) 241-6860
Listed By:
Jeff Haith
(208) 830-4516
Source:
Premierepropertygroup
Added: Jan 28, 2025
Changed: Oct 13
Last Checked: Oct 12 at 5:42PM
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 RSVP Brokers ERA
Investment Insights
Based on property information with market context.
This mobile home and RV park property comprises five parcels totaling approximately 4.54 acres and associated with five addresses. Each parcel includes a manufactured home with a current renter, its own septic system, and access to a Group B water system serving all five lots.
The property is positioned near town, freeway access, shopping, medical services, and restaurants while retaining a private setting. The short-plat configuration and existing manufactured homes provide a defined physical layout for evaluating the property as a mobile home park asset.
The property is positioned near town, freeway access, shopping, medical services, and restaurants while retaining a private setting. The short-plat configuration and existing manufactured homes provide a defined physical layout for evaluating the property as a mobile home park asset.
Key Highlights
- Five parcels totaling approximately 4.54 acres with 5 addresses
- Each parcel includes a manufactured home with a current renter
- Individual septic systems serve all 5 lots
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,167
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,340
$983.3K
Cap Rate 7%
$702,386
$702.4K
Cap Rate 9%
$546,300
$546.3K
Market Conditions
NOI Build-Up for 4,568 SF
Gross rent
$98.7K $21.60/SF
− Vacancy
−$9.3K −$2.03/SF
EGI
$89.4K $19.57/SF
− OpEx
−$40.2K −$8.81/SF
NOI
$49.2K $10.76/SF
Area
Kitsap County, WA
Vacancy
9.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,340
Cap Rate 7%
$702,386
Cap Rate 9%
$546,300
Alternative Uses
Best Use
Apartment 5plus
$702.4K
$614.6K – $819.5K
NOI $49,167 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.78M
NOI $106,624 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 98367, WA
30,981
Population
12,918
Households
2.4
Avg Household Size
43
Median Age
29%
College-Educated
96%
High-School Grad
73.5 sq mi
ZIP Area
422
Density / Sq Mi
$105,846
Median Household Income
$54,456
Median Earnings
$1,809
Median Rent
$507,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Five manufactured homes include individual septic systems and shared Group B water service in a private setting near town amenities.
Where is this mobile home & rv park located?
The property is located at 1566 SW Old Clifton Road Port Orchard, WA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Five parcels totaling approximately 4.54 acres with 5 addresses; Each parcel includes a manufactured home with a current renter; Individual septic systems serve all 5 lots
