Mobile Home, RV Park,
12525 W Sunset Hwy, Airway Heights, WA 99001
51-unit mobile home, RV park, and motel on 4.17 acres.
Type:Hospitality, Mobile Home Park
Property size:
2,400 SFLot size:
4.17 AcresPrice / SF:
$1,541/SF- Added:
- Jul 8, 2023
- Days on Market:
- 1060
- Last Refresh:
- May 12 at 9:14 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
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
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.
- Commercial Zoning (C1‑A): Allows for redevelopment into various commercial uses including retail, office, motel, automotive, and restaurants.
- Recent Upgrades: $365,000 invested in roof, sewer, and road improvements.
- Strategic Location: Close proximity to Fairchild Air Force Base, Spokane International Airport, and a new Amazon facility.
Overview
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
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Airway Heights
- County
- Spokane
- State
- Washington
- Longitude
- -117.584239
- Latitude
- 47.6417357
Nearby Similar for Sale
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.
