New search
Property profile & analytics
OFF-MARKET
Mobile home & RV parks
23501 Mtn E Hwy, Spanaway, WA 98387
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0710389
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1973
Construction
WOOD FRAME
Total area
1,334 SF
Lot
5.83 ac (253,955 SF)
Zoning code
RSV5
APN
318148043
UPID
US90-0710389
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Silver Crest Community LLC · 5 yrs held
Silver Crest Community LLC
since 2020
5 recorded transactions
Zoning & alternative use
RSV5 · Spanaway, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spanaway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spanaway submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,309
Tax year 2024
Assessed value
$1,055,400
Assessed 2024
Previous assessed
$1,055,400
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$584,500
Assessed improvement
$470,900
Land market value
$584,500
Improvement market value
$470,900
Total market value
$1,055,400
Applied tax rate
591.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Stories
2
Units
15
Bathrooms
1
Total area
1,334 SF
Lot
5.83 ac (253,955 SF)
Zoning code
RSV5
APN
318148043
UPID
US90-0710389
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RSV5 · Spanaway, WA
Zoning RSV5 · permitted uses
RSV5 · Spanaway, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spanaway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
15
Bathrooms
1
Lot
5.83 ac
Current owner
From public records · entity-resolved
Silver Crest Community LLC
Entity
Mailing address
16420 SE MCGILLIVRAY BLVD STE 103STE103, VANCOUVER, WA 98683-3461
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
—
Silver Grest Community LLC
—
Deed
related
$500,000 · Leahlyn Callaham
Dec 27, 2021
—
Silver Crest Community LLC
—
Deed
related
$350,000 · Matthew Dunn
Oct 19, 2020
$1,650,000
Silver Crest Community LLC
Silvercrest Mhp LLC
Warranty Deed
$1,320,000 · Silvercrest Mhp LLC
Aug 6, 2002
—
Silvercrest Mhp LLC
Orange,tr
Quit Claim Deed
related
—
—
—
Silvercrest Mhp LLC
—
Deed Of Trust
related
$400,000 · Issaquah Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23501 Mtn E Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.