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Property profile & analytics
OFF-MARKET
Commercial real estate

805 Washington St Colville, WA 99114

1.59 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Lot 1.59 ac (69,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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