805 Washington St Colville, WA 99114
- Commercial real estate
- 1.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 805 Washington St
- Year built
- 1980
- Lot size
- 1.59 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.59-acre commercial property in the heart of Colville, WA, presents a lucrative investment opportunity. The land is already subdivided into twelve manufactured home lots, complete with all necessary infrastructure. Three existing manufactured homes are included in the sale, each currently generating $900 per month in rental income, inclusive of water and sewer. Tenants are readily available for the remaining nine lots, ensuring immediate potential for increased revenue. The property boasts fully installed water and sewer lines, or stubbed off to each site, along with power to each unit and all meter bases. All paving is finished, eliminating the need for costly site preparation. This turnkey investment allows for immediate rental income from the existing homes and the potential to further increase revenue by renting the vacant lots or placing additional manufactured homes on them. Tenants are responsible for their own garbage disposal. This property offers a unique blend of immediate income and significant future growth potential, making it an ideal acquisition for a savvy investor seeking a strong return on investment in a desirable location. The property is ready for immediate occupancy and income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colville
- County
- Stevens
- State
- Washington
- Longitude
- -117.908
- Latitude
- 48.5522