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25-Pad Mobile Home & RV Park
For Sale
$2,200,000
Pending

21021 Old Hwy 9 SW, Centralia, WA 98531

Income-producing park with residential pads, park-owned homes, storage units, and onsite laundry and office facilities.

Property Size89,289 SF
Days on Market290

Property Features for 21021 Old Hwy 9 SW

General Information

Standard status Pending
Size 89,289 SF
Property subtype Multi-Family
Net Operating Income $233,775

Additional Details

Cap Rate 10.63%

Amenities

bathrooms
laundry
owner's office
storage units

Building Details

Year Built 1940
Listing Agency: COMPASS
Listed By: Erich Bubbel · License #117941
Source: Nwwashingtonhomesforsale
Added: Dec 31, 2025 Changed: Oct 1 Last Checked: Oct 16 at 9:13AM

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 COMPASS

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Investment Insights

Based on property information with market context.

This mobile home and RV park at 21021 Old Hwy 9 SW in Centralia, Washington, includes 25 pads, six park-owned homes, and one stick-built home. Ten pads are dry pads with electrical hookups. An onsite building provides two bathrooms, laundry facilities, and an owner’s office, while 10 large storage units add another operational component.

The property uses well water supported by newly installed equipment and four septic tanks. Built in 1940, the park is reported at a 10.63% cap rate and includes a combination of residential accommodations and vehicle-oriented pad space.

Key Highlights

  • 25‑pad mobile home and RV park at 21021 Old Hwy 9 SW
  • Six park‑owned homes and one stick‑built home
  • 10 dry pads with electrical hookups

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 98531, WA

26,669
Population
11,070
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
129.2 sq mi
ZIP Area
206
Density / Sq Mi
$61,963
Median Household Income
$37,330
Median Earnings
$1,068
Median Rent
$285,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Income-producing park with residential pads, park-owned homes, storage units, and onsite laundry and office facilities.
Where is this mobile home & rv park located?
The property is located at 21021 Old Hwy 9 SW Centralia, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 25‑pad mobile home and RV park at 21021 Old Hwy 9 SW; Six park‑owned homes and one stick‑built home; 10 dry pads with electrical hookups
More about this property
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